The Nigerian Electricity Regulatory Commission, NERC, has sanctioned Abuja Electricity Distribution Plc, AEDC, for failing to comply with the new order of tariffs. The NERC in a statement on Friday signed by its management stated that AEDC was fined ₦200,000,000 (Two Hundred Million Naira) for failing to comply with customer band classifications for tariff invoicing….
FG raises electricity tariff to woo investors The Nigerian Electricity Regulatory Commission, NERC, has announced new an increase in electricity tariff, citing need to woo investors to the energy sector. The tariff rose from N66 to N225 kilowatt per hour for customers under the Band A classification, the Vice Chairman, NERC, Musliu Oseni, told newsmen…
The Nigerian Electricity Regulatory Commission, NERC, on Wednesday, announced hike in the prices of pre-paid electricity meters with effect from September 6, 2023. It announced this in an order released by the Nigerian Electricity Regulatory Commission with the number, NERC/2023/020, and jointly signed by the commission’s Chairman, Sanusi Garba, and its Commissioner, Legal, Licencing and…
