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Tag "NERC"

Nigeria needs N1tr ‘to attain 20,000mw’

    Nigeria needs N1tr ‘to attain 20,000mw’

Mark Karst, the chief executive officer of the Transmission Company of Nigeria (TCN), says Nigerian needs N1tr ($5bn) to deliver its 20,000 megawatts electricity target. Karst said the country would

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We can’t scrap fixed charges now, NERC tells senate

    We can’t scrap fixed charges now, NERC tells senate

The Nigerian Electricity Regulatory Commission (NERC) says it is not yet time to abolish fixed charges on electricity metres. Last week, the senate directed the commission to abolish the monthly charges collected

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NERC to revoke licences of 27 electricity companies

    NERC to revoke licences of 27 electricity companies

The Nigerian Electricity Regulatory Commission (NERC) is set to withhold the licences of 27 power generation companies.   Usman Abba Arabi, NERC’s head of public affairs, said the commission arrived

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NERC orders Abuja DISCO to refund overbilled customers

    NERC orders Abuja DISCO to refund overbilled customers

The Nigerian electricity regulatory commission (NERC) has ordered that refunds should be made to overbilled customers of the Abuja electricity distribution company (AEDC). The order was made in relation to

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Electricity tariff hike for homes shelved till June

  Electricity tariff hike for homes shelved till June

The Nigerian Electricity Regulatory Commission (NERC) will not increase tariff for residential buildings until June 2015, Sam Amadi, chairman of

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FG announces N213bn bailout for power sector

  FG announces N213bn bailout for power sector

The federal government on Friday announced new measures to address financing related issues in the power sector, including a N213

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Nigeria will generate 12,000mw of electricity by 2016, says NERC Chairman, Amadi

  Nigeria will generate 12,000mw of electricity by 2016, says NERC Chairman, Amadi

Chairman of the Nigeria Electricity Regulatory Commission (NERC), Dr. Sam Amadi has promised Nigerians that electricity generation nationwide would soon

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