Enugu lacks power to slash electricity tariff – NERC

NERC

The Nigerian Electricity Regulatory Commission has ruled that the Enugu Electricity Regulatory Commission has no regulatory power to fix the electricity price when the power is generated and transmitted from the national grid. A public notice issued by NERC on Thursday night clarified that although the 2023 Electricity Act empowers states to regulate electricity within […]

FG Plans N2.36tn Electricity Subsidy for 2025

The Federal Government may spend N2.36tn on electricity subsidies for low-income consumers in 2025, despite ongoing plans to implement cost-reflective tariffs. This comes as the Nigerian Electricity Regulatory Commission (NERC) revealed that N178.03bn was spent on electricity subsidies in January 2025, a 10.1% decrease from N197.91bn in December 2024. In a report released on Sunday, […]

NERC to Investigate Into Incidences of National Grid Collapse

NERC to Investigate Into Incidences of National Grid Collapse

The Nigerian Electricity Regulatory Commission (NERC), says plans are ongoing to conduct an investigative public hearing on the recurring incidences of grid disturbances and nationwide outages. According to a statement on its social media handles yesterday, the NERC stated that the hearing would be held Thursday, October 24 at its Hearing Room, Fourth Floor, Plot […]