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In line with the directive, Eko Electricity Distribution Plc (EKEDP) and Ikeja Electric Plc (IE) have been instructed to establish subsidiaries, EKEDP SubCo and IE SubCo,...
NERC introduces new regulations for electricity tariff reviews. Major tariff adjustments occur every five years, with public input. FG plans to restructure electricity subsidies to favor...
NERC reports 174 power accidents in 2024, a 38% increase from 2023. Fatalities rise to 86, with 76 injuries in the first three quarters of 2024....
About three million electricity customers in Nigeria risk falling into estimated billing or experiencing power outages for failing to upgrade their prepaid meters, following the expiration...
Electricity distribution companies in northern Nigeria recorded losses of approximately N74bn between July and September 2024, amid persistent blackouts and national grid collapses, according to the...
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning to Ikeja and Eko Electricity Distribution Companies (DisCos), cautioning them against disregarding its...
Electricity Distribution Companies (DisCos) in Nigeria have announced another price hike for various electricity meter models, marking the second increase within four months. As of November...
The Nigerian Electricity Regulatory Commission (NERC) has announced that power distribution companies (Discos) may soon bear the cost of repairing faulty transformers and other infrastructure, a...
The Federal High Court in Lagos has dismissed a lawsuit filed by the Manufacturers Association of Nigeria (MAN) challenging the implementation of the Band A electricity...
The electricity subsidy paid by the Federal Government surged to N181.63 billion in September, up from N102.30 billion in May, indicating a potential tariff increase for...