NERC

The House of Representatives on Monday issued the Industrial Training Fund (ITF) a 48-hour ultimatum to give an explanation on missing funds of up to N3 billion. The Chairman of the Committee on Finance, James Faleke, gave the ruling…
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Future Energies Africa (FEA) has announced its takeover of the Kano Electricity Distribution Company (KEDCO), after instituting a court order to halt its sale to another company by the federal government. KEDCO, in a statement, signed…
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The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in the price of pre-paid electricity meters in the country. This is contained in a NERC ‘order’ signed on Tuesday by its Chairman, Mr Sanusi Garba, and the…
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There are indications that the Nigerian Electricity Regulatory Commission (NERC) may have compromised some sections of its regulations, leading its failure to exercise authority on Kaduna Electricity Distribution Company (KAEDCO), over 30…
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The House of Representatives has rejected a move by the Nigeria Electricity Regulatory Commission (NERC) to approve any increase in electricity tariff. The resolution followed a motion by the deputy minority whip, Aliyu Sani Madaki, at…
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The Nigeria Electricity Regulatory Commission (NERC), says it will soon provide four million prepaid meters to electricity consumers in the country. Aisha Mahmud, NERC Commissioner in charge of Consumers Affairs, disclosed this at the…
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Kano State Governor, Abdullahi Umar Ganduje, says Tiga 10 Megawatts Hydro Power Station is set for completion and on pre-commissioning test in the next six weeks. SOLACEBASE reports that Ganduje expressed satisfied with the progress of the…
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Power sector regulators, Nigerian Electricity Regulatory Commission (NERC) and Bureau of Public Enterprises (BPE) have approved the appointment of the Board of Kano Electricity Distribution Company Plc (KEDCO). Solacebase reports that…
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“BPE and the Nigerian Electricity Regulatory Commission (NERC) were informed by Fidelity Bank on July 5, 2022, that a call on the collateralised shares of the core investors of Kano, Benin and Kaduna DISCOs had been activated by the…
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“Today we were informed by Fidelity Bank that they have activated the call on the collateralised shares of Kano, Benin and Kaduna (Fidelity and AFREXIM) Discos and that they have initiated action to take over the boards of these Discos and…
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