Henry Ajagbawa and K.C. Akuma, in company of three other persons (Adeola Ijose, Charles Onwera and Yomi Adeyemi) PURPORTEDLY RECENTLY appointed to the Board of BEDC Electricity Plc (BEDC), on Wednesday proceeded to illegally and forcefully break into the premises of the company in Benin, the Edo State capital, despite the subsisting court order granted…
The management of Benin Electricity Distribution Company (BEDC) Plc has said there is no legal basis for the takeover of the company following the purported activation of the call on its collateralised shares by Fidelity Bank. The purported activation seeks to take over the respective Boards of Kano Electricity Distribution Company, Kaduna Electricity Distribution Company…
The House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to suspend a fresh increase in electricity tariff proposed to take off next month. It said the majority of Nigerians could not afford the additional burden of a fresh tariff hike amid the hardship they already faced. In a resolution passed in plenary…
Nigerians are expected to get a high electricity bill from November 2020 due to the implementation of the revised service-based reflective tariff. Discos across the country began charging the new tariff as approved by the Nigerian Electricity Regulatory Commission (NERC) on Sunday 1st November 2020. In a statement being circulated by most of the Discos,…
The Nigerian Electricity Regulatory Commission (NERC) on Tuesday ordered all electricity distribution companies (DisCos) in the country to suspend for two weeks the implementation of the new electricity tariffs that was introduced on September 1. This directive, according to the commission, is in line with the Federal Government’s agreement with the Labour Union. The suspension…
The Nigerian Electricity Regulatory Commission (NERC) yesterday announced that it has created a situation room to enable it address all complaints associated with its recent Service-Based Tariff. In a statement shared by the regulator, it stated: “The Nigerian Electricity Regulatory Commission (NERC) has established ‘Service-Based Electricity Tariff Situation Room’ to attend to enquiries on electricity…
The Nigerian Electricity Regulatory Commission NERC has clarified that the outstanding electricity bills of landlords are not to be enforced on new tenants. The NERC Commissioner, Finance and Management Services, Nathan Shatti, made this known during a live question and answer programme on “meters and metering” on Wednesday. During the programme, which was streamed live…
On Tuesday, February 16, 2016, the Nigerian Senate ordered the Nigerian Electricity Regulatory Commission, NERC, to immediately suspend the February 1st, 2016 tariff hikes, which were estimated to be upwards of 40 per cent. This decision by the Nigerian lawmakers followed series of protests across the country over the decision of the Commission to increase…