The total revenue accruing to the Nigerian Electricity Regulatory Commission (NERC) increased by 57 per cent in the first quarter of 2020, the power industry regulator, has disclosed. NERC also stated that the total expenditure of the commission rose to N1.94 billion, from N1.74billion incurred in the preceding quarter, noting[Read More…]
Tag: regulation
DisCos Announces Compliance With NERC Directive on Reduction of Tariff
There are indications that power distribution companies in Nigeria are complying with the directive of the Nigerian Electricity Regulatory Commission (NERC) by suspending their plan to increase electricity tariff. According to a statement on Thursday, the Abuja Electricity Distribution Company (AEDC) said it has suspended the tariff hike until further[Read More…]