The Senate has confirmed the appointment of two Commissioners of the National Electricity Regulatory Commission (NERC), following the consideration and adoption of a report by the Senate Committee on Power. Those confirmed are Aisha Mahmud Kanti Bello, who was re-appointed, and Dr. Animashaun Fouad Olayinka, newly appointed as Commissioner. The confirmation was announced by the…
The Nigerian Electricity Regulatory Commission (NERC) has announced that between 600,000 and 700,000 electricity meters are currently available for distribution across the country. NERC Vice Chairman, Dr. Musiliu Oseni, disclosed this in his opening remarks at the 4th NESI Stakeholders Meeting held in Abuja on Tuesday, according to a statement shared on the Commission’s X…
The Electricity Distribution Companies (DisCos) across Nigeria installed 70,888 new meters in August 2025, according to the Nigerian Electricity Regulatory Commission (NERC). This was contained in the Commission’s Metering Factsheet for July and August 2025, released on Monday. According to the report, the Nigerian Electricity Supply Industry (NESI) recorded a marginal increase in the number…
The number of active electricity customers in Nigeria rose to 11.96 million in August 2025, up from 11.89 million in July, according to the Nigerian Electricity Regulatory Commission (NERC). The figures were contained in NERC’s latest Metering Factsheet for July and August 2025, released on Monday via the Commission’s official X (formerly Twitter) and Instagram…
The House of Representatives has questioned the Nigerian Electricity Regulatory Commission (NERC) over the handling of a N59 billion loan disbursed by the Central Bank of Nigeria for the National Mass Metering Programme (NMMP). In a statement on Saturday, Chairman of the House Joint Committee on Power, Uchenna Okonkwo, said investigations revealed irregularities and poor…
President Bola Tinubu has nominated Engr Abdullahi Garba Ramat to serve as Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). Alongside Ramat, the President also proposed Mr Abubakar Yusuf for the role of Commissioner for Consumer Affairs and Dr Fouad Olayinka Animashun as Commissioner for Finance and Management Services at the…
The Nigerian Electricity Regulatory Commission (NERC) has revealed that the Federal Government spent ₦1.94 trillion on electricity subsidies in 2024. This disclosure was made in NERC’s latest report, which shows that the subsidy was necessary to bridge the gap between the actual cost-reflective tariff and the amount paid by consumers. The Commission noted that the…
The Lagos State Electricity Regulatory Commission (LASERC) has officially prohibited individuals or entities from providing electricity services in the state without a valid licence or permit. This directive marks LASERC’s first major regulatory action following the domestication of electricity market regulation in Lagos State. Issued under the title “LASERC ORDER/001/2025,” the order formally places all…
Presidency Begins Approval Process to Settle ₦2 Trillion Power Sector Debt The Nigerian Presidency has initiated internal approval procedures to resolve the ₦2 trillion legacy debt owed to electricity generation companies (GenCos), with plans to complete the process by the end of the upcoming quarter. This move forms part of broader efforts to stabilise Nigeria’s…
The Federal Government, through the Nigerian Electricity Regulatory Commission, has directed all electricity distribution companies to publish the refunds they have made to customers who purchased meters under the Meter Asset Providers scheme. The NERC announced this on its social media handles on Monday. On Monday, the commission held the first Nigerian Electricity Supply Industry…
