By Oke Peter The Nigeria Electricity Regulatory Commission (NERC) on Thursday moved to remove historical related liabilities from the financial records of DisCos. NERC said that the order No. NERC/196/2020 that it issued yesterday seeks to resolve the continued accumulation of future tariff-related shortfalls during the transition to cost-reflective tariffs and to prevent the accrual…
Arguably, after politics and security, the question of service delivery in the Nigerian power sector, a highly sensitive one at that, is the most discussed in the country today. The distribution sector of the electricity value chain is constantly in the news embroiled in one service delivery controversy or the other. Some of the areas…
The total quantum of electricity generated on the national grid since the beginning of 2020 reached a peak of 4,898.2 megawatts on Wednesday, latest industry data obtained on Thursday in Abuja showed. Findings from the Federal Ministry of Power showed that the grid had opened the year 2020 with a peak power generation of 4,678.8MW,…
By Jumoke Adelabu The Nigerian Electricity Regulatory Commission (NERC) has said the review of electricity tariffs in the country is subject to public consultation. The chairman of the board of NERC, James Momoh, said the proposed tariff is only a review that it is mandated twice in a year. Speaking at a briefing on an…
By Oke Peter AS part of its efforts to ensure optimal utilization of resources for the provision of electricity services, the Nigerian Electricity Regulatory Commission (NERC) on Tuesday, ordered the electricity distribution companies (DisCos) to transit into cashless collection of electricity bills. This is effective for industrial and commercial by 31st January 2020 and R3…
The Nigerian Electricity Regulation Commission (NERC), on Saturday, said Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43.3 per cent in the second quarter of 2019. The Second Quarter Report was obtained by the News Agency of Nigeria (NAN) in Lagos from the website of NERC. NERC also said Jos and Kaduna…
Power distribution companies have till December 7 to submit their written responses providing reasons their licences should not be cancelled, the Nigerian Electricity Regulatory Commission (NERC) declared on Tuesday. In an updated document on the notice of hearing on the petitions by Discos on the Minor Review and Minimum Remittance Order dated November 5, 2019,…
Nigerians woke up on Wednesday, May 8, to a nationwide outage that cut off power from many homes and factories, leading to reduced load allocations to the distribution companies (DisCos). About 5:29 am the following day (Thursday, May 9, 2019), the grid collapsed again, compounding the nation’s energy challenge. Checks revealed that the country’s power…
By Oke Peter Being a great leader is all about having a genuine willingness and a true commitment to lead others to achieve a common vision and goals through positive influence. —John C. Maxwell. For the leading Nigerian electricity distribution company, Ikeja Electric Plc, the will to win, the desire to succeed and the urge…
Nigeria’s leading electricity distribution company, Ikeja Electric, has received commendation from Executive Chairman, Ijede Local Council Development Association (LCDA), Honourable Salisu Fatiu Jimoh as the company donated educational packs including bags, exercise books and pens to support pupils of Anglican Primary School, Ijede. The initiative, tagged “Back to School’ campaign is in line with the…
