The Central Bank of Nigeria (CBN) has released its framework for the National Mass Metering Programme (NMMP). The framework was released by the Development Financing department of the apex bank through its official website on Monday. It stated that introduction of the Service-Based Tariff (SBT) in the Nigeria Electricity Supply Industry (NESI) effective Sept. 1, had put increased emphasis on the need to close the metering gap in the NESI. “Closing this gap will enhance...
The Federal Government has extended the suspension of the new electricity tariff by one week. Prof. James Momoh, Chairman, Nigeria Electricity Regulatory Commission (NERC) said this when the ad hoc Technical Committee on Electricity Tariff submitted its interim report at a reconvene bilateral meeting between Federal Government and Organised Labour on Monday in Abuja. The News Agency of Nigeria (NAN) reports that the new tariff was earlier suspended for two weeks and ended at midnight...
The Managing Director, Abuja Electricity Distribution Company (AEDC), Mr Ernest Mupwaya, says its `2020 Customer Service Week’ will be an opportunity to appreciate its customers for their loyalty. AEDC’s General Manager, Corporate Communications, Mr Oyebode Fadipe, made this known in a statement issued on Monday in Abuja. Fadipe quoted the managing director as saying that “this is an auspicious period to demonstrate our appreciation to our esteemed customers and recognise the importance of customer service...
President Muhammadu Buhari has directed the commencement of a nationwide mass-metering programme as part of efforts to put an end to estimated and arbitrary billing for electricity. Prof. James Momoh, Chairman, Nigerian Electricity Regulatory Commission (NERC), in a statement on Wednesday in Abuja, said the president’s directive was in response to yearnings of Nigerians. According to him, the president also approved a waiver of the import levy on meters, so that those that do not...
The Nigeria government has said poor and vulnerable citizens will be exempted from electricity tariff increase. In a statement released on Wednesday James Momoh, chairman of the Nigerian Electricity Regulatory Commission (NERC), confirmed that the new tariff regime will exclude the vulnerable consuming 50KW or less. He noted that customers on estimated billing will not also be affected as the president has ordered mass metering across the country. “NERC wishes to clarify that tariff reviews...
The Nigerian power industry has achieved another mile’s stone of all-time national peak of 5,420.30 megawatts, the Transmission Company of Nigeria had announced on Thursday. It was also revealed that the 5,420.3MW was effectively transmitted through the national grid at frequency of 50.10Hz at 9:15pm on August 18, 2020. In the statement, the General Manager, Public Affairs, TCN, Ndidi Mbah said, “This is the highest ever recorded in the nation’s power sector to-date, surpassing the...
German multinational conglomerate company, Siemens, has concluded plans to train electricity Distribution Companies and other electricity stakeholders in the country. Siemens in a statement on Thursday stated that 11 DISCOs, Transmission Company of Nigeria (TCN), and regulators would be trained on all the equipment and software being provided in phase 1. According to the company, the training was part of its phase 1 pre-engineering contract of providing 25,000mw of electricity to the nation. It would...
The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved the ratification of the Air Transport Agreement between Nigeria and the United States of America (USA) as well as Siemens Power Project. The Ministers of Information and Culture, Alhaji Lai Mohammed and that of Finance, Budget and National Planning, Zainab Ahmed, disclosed this when they briefed State House correspondents at the end of the virtual Council meeting in Abuja. According to...
Sen. Gabriel Suswan, the Chairman Senate Committee on Power says the senate has no plans to reverse the privatisation of the power sector. Suswan made this known in Abuja during the committee’s oversight visit to some government structures being occupied by the Abuja Electricity Distribution Company (AEDC). According to him, the senate is not pushing for the reversal of privatisation of the sector as that will distal the economy and create issues of trust in...
The Management of Kano Electricity Distribution Company (KEDCO), said it has recorded significant improvement in power supply as against claims of epileptic supply by the Kano State Water Board. It will be recalled that the Board had attributed water scarcity in Kano metropolis to drastic drop in power supply to its treatment plants. Ibrahim Shawai, the Head, Corporate Communications of the company, gave the clarifications in a statement on Friday in Kano. Shawai dismissed the...
