NERC has allocated ₦21 billion to DisCos for meter purchases, aiming to close the metering gap and improve efficiency in the Nigerian Electricity Supply Industry. EKO HOT BLOG reports that the Nigerian Electricity Regulatory Commission (NERC) has allocated ₦21 billion to electricity distribution companies (DisCos) for the purchase of meters for their customers. This funding, sourced … Read more
EKO HOT BLOG reports that the House of Representatives on Thursday resolved to investigate the funds disbursed to licensed electricity Distribution Companies for metering by the Central Bank of Nigeria as loans under the National Mass Metering Programme. This resolution to investigate the disbursement of the funds followed the adoption of a motion moved by Uchenna … Read more
EKO HOT BLOG reports that the Nigerian Electricity Regulatory Commission (NERC) has approved an upwards price increase in the price of pre paid electricity meters in the country. In a circular signed and dated 5 September 2023 by the commission’s Chairman and Commissioner Legal, Licencing and compliance, Sanusi Garba and Dafe Akpeneye, respectively, it stated … Read more
The FG has increased price of electricity meters. EKO HOT BLOG reports that the Federal Government has increased the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. This was announced in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission and addressed to managing directors, all … Read more