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NERC, CBN Move to End Revenue Leakages in Power Market

Chineme Okafor in Abuja The Nigerian Electricity Regulatory Commission (NERC) and the Central Bank of Nigeria (CBN) would begin to track payments made by certain...

NERC to Ensure Discos Provide Meters for Consumers

The Nigerian Electricity Regulatory Commission (NERC) said it would ensure that distribution companies provide meters for all customers so that they will be charged...

Amadi: FG Shouldering Power Market Risks, Operators Taking Benefits

Stories by Chineme Okafor in Abuja The federal government is largely shouldering the risks in Nigeria’s privatised electricity market through its interventions, thereby leaving the...

Six Discos Comply with Remittance Directive

The Nigerian Electricity Regulatory Commission (NERC) said six out of eight Power Distribution Companies (Discos) have complied or substantially complied with the approved minimum...

Eight Discos Await Fate as NERC Reviews Responses to Queries

•Electricity workers to meet on planned strike Chineme Okafor and Peter Uzoho With the expiration of the December 7 deadline issued by the Nigerian Electricity Regulatory...

CBN, FIRS to Verify Financial Documents of Eight Discos

NERC threatens directors with jail terms for false filings Chineme Okafor in Abuja In line with its ongoing scrutiny of the operations of electricity distributions...

NERC, CBN Consider Ways to Monitor Electricity Market Funds

Chineme Okafor in Abuja   In a bid to curb the poor remittances of power market funds by distribution companies, the Nigerian Electricity Regulatory Commission (NERC)...

TCN May Sue NERC for Transferring 132kV Customers to Discos

Stories by Chineme Okafor in Abuja The Transmission Company of Nigeria (TCN) has disclosed that it may institute a legal action against the Nigerian Electricity...

A Regulatory Wake-up Call

Eight power distribution companies have been given 60 days by the Nigerian Electricity Regulatory Commission to show reasons why their operational licenses should not...

Eight Discos Face NERC Sanction for Breaching Power Reform Act

•Ikeja, Benin, Kano, Abuja, Enugu, Port Harcourt, Yola, Kaduna distributors to be affected Chineme Okafor in Abuja The Nigerian Electricity Regulatory Commission (NERC) is to cancel...