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The Nigerian Electricity Regulatory Commission (NERC) has introduced two major regulatory changes aimed at reducing national grid inefficiency and accelerating rural electrification.  The first order on Transmission Loss Factor sets strategic targets to cut transmission losses, while the second establishes a comprehensive framework to license and integrate mini-grids for boosting electricity supply in unserved and …

President Bola Tinubu has approved a ₦3.3 trillion payment plan to finally settle legacy debts in Nigeria's power sector. The payment plan approval was given under the Presidential Power Sector Financial Reforms Programme. A statement signed by the presidential spokesperson, Bayo Onanuga, on Sunday, April 5, described the approval as a “full and final settlement” …

Tinubu’s Executive Order to NNPC Will Block Revenue Leakages, Increase FAAC Disbursements - Experts

The Nigerian Electricity Regulatory Commission (NERC) has issued a  45-day deadline to all privately-owned substations connected to the national grid, mandating them to obtain the necessary operating permits or face immediate disconnection and stringent penalties. The directive, contained in an order signed by the Vice Chairman, Musiliu Oseni and Commissioner, Legal, Licensing and Compliance, Dafe …

NISO Blames GenCo Tripping For Loss Of Power To National Grid

Despite widespread electricity shortages across Nigeria, neighbouring West African countries supplied with power from the national grid are owing the country millions of dollars in unpaid electricity bills. According to the Nigerian Electricity Regulatory Commission (NERC), Togo, Niger and Benin currently owe Nigeria $17.8 million (about ₦25 billion at the prevailing exchange rate) for electricity …

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