Tag: NERC

We Need $100b In 10 years To Fix Electricity, Adelabu

Federal Government requires $100 billion at N10 billion per year for next 10 years to fix the ailing power sector, Minister of Power, Adebayo Adelabu said on Monday. He said…

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FG to resell DisCos under banks, AMCON in three months

The President Bola Tinubu-led federal government has vowed to sell off the five electricity Distribution Companies (DisCos) now under the management of banks and Asset Management Company (AMCON) in the…

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NERC To Nigerians : Only Customers Enjoying 20-Hour Power Supply Affected

The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff for customers under the Band A classification. The Vice Chairman, NERC, Musliu Oseni, said the increase will see…

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FG Approves 300% Electricity Tariff Raise For Band A Consumers

The Nigerian Electricity Regulatory Commission (NERC) has approved a substantial hike in electricity tariff, setting it at N225 ($0.15) per kilowatt-hour, a significant jump from the previous N68 rate.  …

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Former NERC boss, Sam Amadi declares interest to contest Imo governorship election

The former Chairman of the Nigerian Electricity Regulatory Commission(NERC) Dr Sam Amadi has declared his intention and readiness to contest for the 2023 gubernatorial seat of Imo State. In a…

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