NERC denies approval of 50 per cent increase in electricity tariffs

The Nigerian Electricity Regulation Commission (NERC) has denied claims that there has been a new electricity tariff hike of 50%. NERC, in a statement released via its official Twitter account on Tuesday, said that no approval has been granted for a 50% tariff increase for electricity distribution companies, which took effect on January 1, 2021. The... Continue Reading →

No significant improvement in Nigeria’s electricity since 2015 – Discos

There has been no significant improvement in the electricity generated and wheeled by the Transmission Company of Nigeria since 2015, the distribution companies have said. ANED, the umbrella body for the Discos, said in its latest quarterly performance report that the commercial performance improvement recorded by the Discos within the last quarters had been affected... Continue Reading →

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