In a landmark move following the provisions of the amended Constitution of the Federal Republic of Nigeria and the Electricity Act 2023 (Amended), the Nigerian Electricity Regulatory Commission (NERC) has officially transferred regulatory oversight of the electricity market in Kogi…
NERC Realigns Subsidy Regime and Service Delivery in the Nesi
The Nigerian Electricity Regulatory Commission (“NERC”) has approved revised electricity rates, stating the increase would only affect customers classified under Band A service category (about 15% of the customer population); a class which, according to the commission, through empirical service…