The Nigerian Electricity Regulatory Commission, NERC, has approved an over 50 per cent hike in electricity tariff. The new tarrif hike regime is to be paid by all customers of the 11 electricity Distribution Companies, DISCOs. This is coming just two months after the Commission forced the implementation on Nigerians in November 20, but met … Read more
The Nigeria Electricity Regulation Commission (NERC) has denied claims that there has been a new electricity tariff hike of 50%. In a statement released via its official Twitter account on Tuesday, NERC, said that no approval has been granted for a 50% tariff increase for electricity distribution companies, which took effect on January 1, 2021. … Read more
Nigeria has recorded a historic power generation of f 5,459.50MW, as confirmed by the Transmission Company of Nigeria (TCN). The agency in a statement issued on Friday October 30 by its General Manager of Public Affairs Ndidi Mbah, said the new record was achieved on Wednesday October 28. The new peak surpasses the 5,420.30MW achieved … Read more
A Nigerian man returning from Dubai has released a video of himself bemoaning the unwelcome greeting he received upon his homecoming in Nigeria. He explained that the Power Holding Company of Nigeria( PHCN) cut the electricity as soon as he arrived at Murtala Muhammed International Airport in Lagos state. The airport officials, according to him, … Read more
The Nigerian Electricity Regulatory Commission has been directed by minister of power, Sale Mamman to suspend the planned bi-annual adjustment in electricity tariff until the joint ad-hoc Committee concludes their discussion by the end of January. NERC had on Monday, issued a circular regarding the planned bi-annual minor review of electricity tariff across all bands … Read more