Nigeria’s power sector gulps N1.92trn subsidy as metering gap fuels losses
WorldStage-- Nigeria’s electricity sector remained heavily dependent on government intervention in 2025, as the Federal Government spent N1.92 trillion on ...
Tag: NERC
Geregu Power’ chairman Yari indicts former owners of disappointing legacy after personally offset defaulted ₦40b bond
WorldStage-- The Board Chairman of Geregu Power Plc (GPP), Senator Abdul-aziz Abubakar Yari has shed more light on why he is ...
Geregu Power: Chairman’s bailout of ₦40b bond default further sustains market skepticism as stock fails to appreciate
WorldStage– Market sentiment on the stock of Geregu Power Plc (GPP) remained indifferent on Thursday despite the power generator’s confirmation of the payment ...
Geregu Power’s search for substantive CEO continues after corporate bond default, as Sani Jaoji replaces another Interim boss in six months
WorldStage-- The Board of Geregu Power Plc has responded to a significant and ongoing controversy in recent weeks, centered on ...
NERC dissolves KAEDC board, appoints administrator, opens 12-month search for new investor
By Abiodun Folarin WorldStage-- The Nigerian Electricity Regulatory Commission (NERC), has dissolved the board of directors of Kaduna Electricity Distribution ...
Nigeria: FCCPC engages NERC, states’ electricity regulators on consumer protection, cooperation
WorldStage-- The Federal Competition and Consumer Protection Commission (FCCPC) has engaged the Nigerian Electricity Regulatory Commission (NERC) and states electricity ...
Nigeria: FG inaugurates nine-member inter-agency committee to coordinate Electricity Act 2023 implementation
By Abiodun Folarin WorldStage-- The Federal Government of Nigeria has inaugurated a nine-member inter-agency committee to coordinate the implementation of ...
NERC confirms N203.61b generated by DisCos from electricity consumers in April
WorldStage--The Nigerian Electricity Regulatory Commission (NERC) has confirmed that Electricity Distribution Companies (DisCos) generated N203.61bn from electricity consumers April. The ...
Nigeria: NERC commences net billing regulations to promote renewable energy technologies
WorldStage-- The Nigerian Electricity Regulatory Commission (NERC) says it has commenced the implementation of the Net Billing Regulations 2026 to ...
Nigeria: Electricity indebtedness to GENCOs may hit N8.8trn by end of 2026 – Ogaji
WorldStage-- By December 2026, Nigerian will be owing the Electricity Generating Companies (GENCOs) N8.8 trillion in unpaid debt, if nothing ...
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