NERC to roll out new regulation for metering businesses

Babatunde Fashola PHCN power supply

The Nigerian Electricity Regulatory Commission, NERC, has been granted approval to roll out a new regulation targeted at enabling operators in different sectors play active roles. The minister for Power, Works and Housing, Babatunde Fashola, disclosed this at the Franco-Nigeria Chamber of Commerce and Industry Economic Summit, in Lagos, yesterday. Fashola gave the hint at […]

IBEDC urges NERC to deregulate meter ownership

The management of Ibadan Electricity Distribution Company (IBEDC), on Tuesday urged the Nigerian Electricity Regulatory Commission (NERC) to deregulate the ownership of electricity meters in the country. Ms Angela Olanrewaju, Head, Corporate Communications Unit of the company, gave the advice in an interview with the News Agency Nigeria (NAN) in Lagos. NAN reports that IBEDC […]

70% of electricity consumers not metered, says Amadi

About 70 per cent of electricity consumers are not metered. This has hampered accurate billing by Electricity Distribution Companies (DISCOs), the immediate past chairman Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has said. He said the DISCOs were given 18 months ultimatum to meter all consumers, but only achieved 10 per cent  at the […]

Eight persons arrested for tampering with meter in Ikeja

Eight persons have been arrested for allegedly tampering with meters installed by Ikeja Electric at its Abule-Egba and Ikorodu Business Units. The suspects arrested for ‘meter bypass,’ were said to have deliberately manipulated meters installed in their residences to circumvent appropriate payment for energy consumed. The suspects who reside at No. 8, Ibrahim Adejare Street, […]

NERC denies abolishing meter fixed charge

The  Nigeria Electricity Regulatory Commission (NERC), has denied abolishing fixed charge on electricity consumers’ meters in the country. Its Chairman, Dr. Sam Amadi said the fixed charge cannot be removed with executive fiat. He said: “Fixed charge has not been removed. A regulator does not remove something by executive fiat. It has to go through […]

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