Browsing Tag
NERC
8 posts
NERC Replaces Kaduna DisCo Board Following N456 Billion Debt Crisis
NERC has dissolved the Kaduna Electricity Distribution Company board and appointed an administrator due to a massive N456 billion debt and failing operational standards.
NERC Replaces Kaduna Electricity Distribution Company Board with Interim Management
The Nigerian Electricity Regulatory Commission has disbanded the Kaduna Electricity Distribution Company board due to persistent operational and financial failures, appointing a seven-member interim team to oversee management.
NERC Removes Kaduna Disco Board Amid N456bn Debt Crisis
NERC has dissolved the Kaduna Electricity Distribution Plc board due to a N456.5 billion debt and persistent operational failure, appointing an interim board to oversee the transition.
NERC Removes Kaduna DisCo Board Over N456bn Debt and Names Administrator
NERC has dissolved the board of the Kaduna Electricity Distribution Company due to a N456 billion debt burden and poor performance, appointing an administrator to manage the utility for six months.
Nigerian Power Consumers Invoiced N208.15 Billion for May Electricity
According to NERC data, Nigerian electricity distribution companies improved their revenue collection efficiency in May 2026, gathering N208.15 billion despite a decline in billing efficiency.
FCCPC Advocates for Unified Standards as States Decentralize Electricity Markets
The FCCPC is urging federal and state power regulators to align their standards to ensure consistent consumer protection following the decentralization of Nigeria's electricity market.
Nigerian DisCos Report N203.6 Billion Revenue for April
NERC reports that Nigerian electricity distribution companies collected N203.61 billion in April 2026, achieving a collection efficiency of 80.66 percent.
South-East consumers advocate for compensation over tariff band downgrades
The South East Electricity Consumers Association has urged regulators to adopt a compensation model for service failures rather than relying on tariff band downgrades, labeling the NERC's recent compensation initiative a constructive approach.