The Ekiti State Government has described the official transfer of regulatory oversight by the Nigerian Electricity Regulatory Commission (NERC) to the Ekiti Electricity Regulatory Bureau (EERB) as a remarkable milestone that would reduce bureaucratic bottlenecks in the efforts to ensure seamless supply and distribution of electricity in the state.
The Ekiti State Government has described the official transfer of regulatory oversight by the Nigerian Electricity Regulatory Commission to the Ekiti Electricity Regulatory Bureau as a remarkable milestone that would reduce bureaucratic bottlenecks in the efforts to ensure seamless supply and distribution of electricity in the state.
According to him, Benin Electricity Distribution Company and Ibadan Electricity Distribution Company PLC have been directed to incorporate subsidiaries to assume responsibilities for intrastate supply and distribution of electricity in the State from BEDC and IBEDC within 60 days. Olatunbosun explained further that the sub-companies would thereafter be expected to apply for and obtain licenses for the intrastate supply and distribution of electricity from EERB, among other directives.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NERC transfers oversight of electricity market to bureaus in Ekiti, OndoThe Nigerian Electricity Regulatory Commission (NERC) has directed the transfer of regulatory oversight of the electricity market in Ekiti from NERC to the Ekiti State Electricity Regulatory Bureau (EERB).
Read more »
NERC transfers regulatory oversight of electricity market in Ekiti, OndoThe nation’s electricity market was previously centralised until the presidential assent to the amendment of relevant portions of the Nigerian Constitution last year.
Read more »
Increase in Electricity Tariff for Customers under Band A Approved by Nigerian Electricity Regulatory CommissionThe Nigerian Electricity Regulatory Commission (NERC) has recently approved an increase in the electricity tariff for customers under Band A. Customers under Band A will now enjoy 20-24 hours of electricity supply daily. This increase affects several areas on Lagos Island.
Read more »
Nigerian Electricity Regulatory Commission approves increase in electricity tariffThe Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff for customers under the Band A classification. Customers under this classification will pay N225 per kilowatt (kW), starting from April 3 — up from N66.
Read more »
Nigerian Electricity Regulatory Commission Increases Electricity TariffThe Nigerian Electricity Regulatory Commission (NERC) has announced an increase in electricity tariff for customers receiving 20 hours of electricity supply daily. Concerns have been raised by Nigerians over the review.
Read more »