Eko Hot Blog reports that the Nigeria Labour Congress, NLC, has directed its members to gather for protest at offices of the Nigerian Electricity Regulatory Commission, NERC, on Monday. NLC said its members will also picket electricity distribution companies, DISCOs, across Nigeria. The directive followed a meeting of the Central Working Committee, CWC, on April … Read more
Eko Hot Blog reports that the Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) by establishing the Nigerian Independent System Operator of Nigeria Limited (NISO). NERC made this known in a circular dated April 30. TCN is expected to transfer all market and system operation functions to the new company. … Read more
Despite the deluge of lamentation and grunts of pains that characterised the last hike, the federal government appears to be indifferent to the plight of the citizens as Nigeria Electricity Regulation Commission (NERC) on Tuesday announced another 50% increase in electricity tariff. According to a revised Multi-Year Tariff Order (MYTO) from the commission, the new … Read more
The Minister of Power, Saleh Mamman has revealed that Nigerians will start paying more on electricity supply as the Federal Government plans to boost power supply. According to Mamma, improvement in electricity supply necessitated the need to increase the electricity tariffs. Already, there is ongoing tariff reform in the power sector for the eleven power … Read more