Power Holding Company Of Nigeria - PHCN
The Nigerian Electricity Regulatory Commission (NERC) has announced the deregulation of pre-paid meters under the MAP scheme to allow for competition.
A man using solar panels to generate electricity has said that he is consuming as much power as Band A users. His electricity tariff per month is over N100k.
Despite raising its electricity tariffs from N66/kWh to N255, Nigeria is not among West African countries with the highest electricity costs in the region.
The Nigerian government has expressed the desire to sell four electricity distribution companies under the management of banks and AMCON and also unbundle others.
The Nigerian Electricity Regulatory Commission (NERC) has asked the 11 electricity distribution companies until April 11 to reimburse wrongly billed consumers.
The Nigerian Electricity Regulatory Commission (NERC) announced a tariff hike for Band consumers, leading electricity firms to issue steps to check tariffs.
NERC has slammed a hefty fine of N200 million on Abuja DisCo for failing to adhere to its tariff guidelines when it billed customers with the latest increases.
Atiku Abubakar, former vice-president, has faulted President Tinubu's government over the hike in electricity tariff, noting it will lead to deeper economic crisis.
On Friday, the federal government revealed plans to extend the recently approved electricity tariff hike for Band A customers to other customer classifications.
Power Holding Company Of Nigeria - PHCN
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