… Ordered to recover N5.75bn inappropriate transactions with interest Following the outcome of an open book review conducted on the financial records of Ibadan Electricity Distribution Company plc (IBEDC), the Nigerian Electricity Regulatory Commission found the company wanting on two grounds of inappropriate financial transactions and was subsequently fined a sum of N50m. The fine […]
+ Read More
Further to the Directives over the weekend of 9th June, 2017 on the verification and validation of the Maximum Demand (MD) electricity customers metering exercise, the Commission wishes to clarify that the affected electricity customers are those within the threshold of 45kVA consumption and above. The Directive to exempt MD customers from estimated bills was […]
+ Read More
In a major policy directive, the Honourable Minister of Power, Works & Housing, Mr. Babatunde Raji Fashola, has on May 15, 2017, declared four (4) categories of eligible customers in the Nigerian Electricity Supply Industry (NESI). The declaration which permits electricity customers to buy power directly from the generation companies is in line with the […]
+ Read More
The Nigerian Electricity Regulatory Commission (NERC) few moments ago received a report on an accident in Calabar, Cross Rivers State, where some Nigerians were reportedly electrocuted and others sustained various degrees of injuries. The preliminary report of our investigation indicates that the accident occurred when an 11KV high tension line under which a television viewing […]
+ Read More
The Nigerian Electricity Regulatory Commission (NERC) has commended the Benue State Government for settling electricity bills issued by the Jos Electricity Distribution Company (JEDC) on the states ministries, departments and agencies. Acting Chairman, Dr. Anthony Akah, mni, gave this commendation at the inauguration of the Makurdi Forum Office as he advised other states to emulate […]
+ Read More
The Senate Committee on Power led by its Chairman, Senator Enyinnaya Abaribe, on Thursday expressed worry over liquidity crunch in the power sector just as they cast doubt on the financial and technical ability of the private investors in the power sector. The Committee members who were on oversight visits to government agencies in the […]
+ Read More
The Nigerian Electricity Regulatory Commission has fined Benin and Port Harcourt electricity distribution companies Six Million, Two Hundred and Twenty Thousand Naira (N6, 220, 000. 00) over their failure to comply with the decisions of Forum Offices rulings in complaints filed by their respective customers. The Commission in Directive 153 imposed a Five Million and […]
+ Read More
The Nigerian Electricity Regulatory Commission (NERC) on Tuesday received the Governor of Benue State, Dr Samuel Ortom, who was on a courtesy visit in company with an investor, Contec Global, who plans to construct a 10-megawatts power plant in the state. Ortom in his introductory remark said that the planned power plant with construction cost […]
+ Read More
Performance managers of operating companies in the Nigerian Electricity Supply Industry (NESI) have been told to see themselves as crucial to solving the countrys electricity challenges. Speaking at the opening session of a two-day training organised by the Nigerian Electricity Regulatory Commission (NERC) for performance managers of licensed companies in NESI, the General Manager, Legal, […]
+ Read More
Directs Complete Metering of Maximum Demand Customers on CAPMI Scheme The Nigerian Electricity Regulatory Commission (NERC) has advised electricity consumers to explore its complaint and redress mechanism rather than resort to jungle justice in settling disputes with officials of electricity distribution companies (DisCos). The appeal is coming on the heels of rising incidents of attacks […]
+ Read More