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NERC Releases Fresh Guidelines On Electricity Tariff Hikes | Daily Report Nigeria
Business

NERC Releases Fresh Guidelines On Electricity Tariff Hikes

The Nigerian Electricity Regulatory Commission (NERC) has released new guidelines on electricity tariff hikes. The guidelines are based on the 2023 Electricity Act,...

Electricity Subsidy to Hit N2.4tn by Year-End, FG Reveals | Daily Report Nigeria
Business

Electricity Subsidy to Hit N2.4tn by Year-End, FG Reveals

The Federal Government has projected that it will spend a staggering N2.4 trillion on electricity subsidies by the end of 2024. This revelation...

Togo, Benin, Niger Owe Nigeria $18.29m Electricity Bill For 2022 — NERC | Daily Report Nigeria
News

Togo, Benin, Niger Owe Nigeria $18.29m Electricity Bill For 2022 — NERC

The Nigerian Electricity Regulatory Commission (NERC) has revealed that about three of Nigeria’s foreign electricity customers owe the country $18.29 million in electricity...

NERC Yet to Receive Official Directive to Revert Electricity Tariff Hike | Daily Report Nigeria
Business

NERC Yet to Receive Official Directive to Revert Electricity Tariff Hike

The Nigerian Electricity Regulatory Commission (NERC) has revealed that it is yet to receive official communication from the House of Representatives to reverse...

AEDC Announces Power Outage In Parts Of Abuja Today
Business

NERC Slams AEDC with ₦1.69bn Fine for Overbilling Customers

The Nigerian Electricity Regulatory Commission (NERC) has imposed a hefty fine of ₦1.69 billion on Abuja Electricity Distribution Company (AEDC) for overbilling its...

Electricity Subsidy: N36bn Paid in 3 Months – NERC | Daily Report Nigeria
News

Electricity Subsidy: N36bn Paid in 3 Months – NERC

The Nigerian Electricity Regulation Commission (NERC) has revealed that the federal government paid N36bn to subsidise electricity consumption in the first quarter of...

FG Announces N1.6trn Subsidy For Nigerians
News

FG Announces N1.6trn Subsidy For Nigerians

The Federal Government of Nigeria has announced a N1.6 trillion electricity subsidy for Nigerians. Daily Report Nigeria reports that the government also halted...

National Grid Crisis: Transformer Explosion Causes Third Collapse – NERC | Daily Report Nigeria
Business

National Grid Crisis: Transformer Explosion Causes Third Collapse – NERC

•Promises Investigative Hearing as Power Outages Disrupt States The Nigerian Electricity Regulatory Commission (NERC) has confirmed that a current transformer explosion triggered the...

How International Customers Owe Nigeria $14.19m In Unpaid Electricity Bills | Daily Report Nigeria
Business

How International Customers Owe Nigeria $14.19m In Unpaid Electricity Bills

  Nigeria’s international electricity customers have failed to pay a total of $14.19 million in unpaid electricity bills for the first quarter of...