electricity tariff
Power Debt Soars: Nigerians Owe DisCos N70bn in One Month
Electricity consumers in Nigeria failed to remit over N70 billion to power distribution companies (DisCos) in May 2025, raising serious concerns over the financial viability of the country’s power sector. According to the latest Commercial Performance Report published by the Nigerian Electricity Regulatory Commission (NERC), the 12 DisCos billed consumers a total of N261.82bn during […]
NERC: States Reducing Electricity Tariffs Must Bear Subsidy Costs
The Nigerian Electricity Regulatory Commission (NERC) has declared that any state government choosing to slash electricity tariffs must be prepared to fund the resulting subsidy, stressing that no state has jurisdiction over the national grid or power stations operating under federal licences. The regulatory body issued this warning in response to the Enugu State Electricity […]