NERC
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Nigeria loses an estimated $26 billion yearly to power failures. This is according to the latest Africa Trade Barometer report which said the cost excludes spending on off-grid generators. “Economic losses arising from Nigeria’s electricity shortages are estimated to be USD 26 billion annually, without accounting for spending on fuel for off-grid generators, which is…
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The House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new incremental tariff on Band A customers. The lower chamber agreed upon this at the house resolution during a plenary session on Tuesday. According to them, the resolution followed the adoption of a motion of urgent public…
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