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NERC postpones hearing of petition against Asaba Distribution Ltd s licence indefinitely

NERC postpones hearing of petition against Asaba Distribution Ltd s licence indefinitely
nationalaccordnewspaper.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalaccordnewspaper.com Daily Mail and Mail on Sunday newspapers.

Abuja federal capital territoryAsaba distribution ltdElectricity distribution networkNews agency of nigeriaLicence to asaba distributionNigerian electricity regulatory commissionHigh courtBusiness rules of the commission regulationsIndependent electricity distribution networkAsaba distribution limitedBenin electricity distributionFederal high courtAsaba distributionElectric power sector reform actNews agencyLicences regulations

NERC fixes Jan 19 for petition against Asaba Distribution licence

By Solomon Asowata Lagos, Jan. 15, 2021 The Nigerian Electricity Regulatory Commission (NERC) has fixed Jan. 19 for hearing of a petition against the granting of an Independent Electricity Distribution Network Licence to Asaba Distribution Ltd. The News Agency of Nigeria (NAN) reports that the petition was filed by the Benin Electricity Distribution (BEDC) Plc. NERC in a statement issued on Friday on its website, said the hearing was pursuant to Section 70 (2) of the Electric Power Sector Reform Act (“EPSRA”). According to the commission, it is also pursuant to clause 11 of the NERC Application for Licences Regulations 2010, and section 17 of NERC (Business Rules of the Commission) Regulations (Business Rules) 2006.

News agency of nigeriaNigerian electricity regulatory commissionBusiness rules of the commission regulationsAsaba distributionNews agencyBenin electricity distributionElectric power sector reform actLicences regulationsBusiness rulesHearing roomCentral business districtநைஜீரியன் மின்சாரம் ஒழுங்குமுறை தரகுவணிக விதிகள் ஆஃப் தி தரகு ஒழுங்குமுறைகள்அசாபா விநியோகம்பெனின் மின்சாரம் விநியோகம்மின்சார பவர் துறை சீர்திருத்தம் நாடகம்

We adjusted, didn t increase electricity tariff, says NERCNigeria — The Guardian Nigeria News – Nigeria and World News

‘It will not affect low-income areas’ • Reps panel chief says adjustment lawful The Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariff increase will not affect low-income areas with lesser energy supply. x In its reaction to media reports criticising the new tariff, which came into force on January 1, 2021, NERC, in a series of Twitter posts, said the tariff for customers on service bands D and E with less than an average of 12 hours of supply daily remained frozen. “The commission hereby states unequivocally that no approval has been granted for a 50 per cent tariff increase in the Tariff Order for electricity distribution companies which took effect on January 1, 2021.

Bala mohammedMagaji dau aliyuNigerian electricity regulatory commissionGovernor bala mohammedTariff orderRepresentatives committeeElectric power sector reform actபாலா முகமதுமாகஜி ட அழியுநைஜீரியன் மின்சாரம் ஒழுங்குமுறை தரகுகவர்னர் பாலா முகமதுசுங்கவரி ஆர்டர்பிரதிநிதிகள் குழுமின்சார பவர் துறை சீர்திருத்தம் நாடகம்

Daily Trust - Concerns over fresh electricity tariff hike

Increase in inflation and FOREX NERC in a statement on Tuesday confirmed the adjustment of the electricity tariffs between two naira and four naira, saying it was to reflect the increase in inflation and foreign exchange rates. According to the statement, the Commission said although tariff increases for Bands D and E (Customers getting power below 12 hours daily) remain ‘frozen’, it, however, admitted that the tariff rates for these classes of customers were also “adjusted’ upwardly.” The statement said: “In compliance with the provisions of the Electric Power Sector Reform Act (EPSRA) and the nation’s tariff methodology for biannual minor review, the rates for service bands A, B, C, D and E have been adjusted by N2.00 to N4.00 per kilowatt-hour (kW-hr) to reflect the ‘partial’ impact of inflation and movement in foreign exchange rates.

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Nigerian Commission denies granting approval for 50% hike on power tariff

Nigerian Commission denies granting approval for 50% hike on power tariff
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Tariff orderFederal governmentElectric power sector reform actசுங்கவரி ஆர்டர்கூட்டாட்சியின் அரசுமின்சார பவர் துறை சீர்திருத்தம் நாடகம்