Tag: NERC
DisCos record N543bn revenue loss in 2020
The Nigerian Electricity Regulatory Commission (NERC) report has indicated that 11 distribution companies (DisCos) collected only N370 billion while N543 billion remains uncollected in...
Azura power: Reps summon ministers over $33m monthly payment
The House of Representatives has invited the Ministers of Power and Finance and heads of Bureau of Public Procurement (BPP), Niger Delta Power Holding...
Kano DisCo appoints Dangana MD/CEO, Tukur as Board chair
Alhaji Ahmed Dangana has been appointed as the new managing director/chief executive officer of Kano Electricity Distribution Company Plc. (KEDCO).
The Nigerian Electricity Regulatory Commission...
NERC: 57% electricity consumers on estimated billing
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that 57.07 per cent of electricity consumers in the country were still on estimated billing as at...
Fidelity Bank, AMCON take over 4 DisCos over debts
Fidelity Bank has taken over the boards of Kano Electricity Distribution Company (KEDCO, Benin, Benin Electricity Distribution Company (BEDC), and Kaduna Electric.
Also, Ibadan Electricity...
NERC: Nigerians’ll enjoy improved power supply from July 1
Nigerians will witness improved power supply from July 1 following renewed efforts by industry stakeholders.
Chairman, Nigerian Electricity Regulatory Commission (NERC), Mr. Sanusi Garba, gave...
NERC denies fresh electricity tariff increment
The chairman of the Nigerian Electricity Regulatory Commission (NERC), Mr. Sanusi Garba, says the commission has not approved any new tariff rate review in...
Electricity consumers to pay more as NERC increases tariff
The Nigerian Electricity Regulatory Commission (NERC) has given electricity distribution companies in the country approval to increase their tariff rates.
The companies include Port Harcourt...
Abuja DisCo appoints Fadeyibi MD/CEO, Burkullu is CTO
The Abuja Electricity Distribution Plc (AEDC) has appointed Mr. Adeoye Fadeyibi as its new Managing Director/Chief Executive Officer.
Fadeyibi, a turn-around manager with over 20...
CBN: We’ve disbursed N1.3trn to power sector in 5 years
The Central Bank of Nigeria (CBN) said has disbursed over N1.3 trillion to support the provision of power supply to Nigerians in the last...
