Senate Warns Revenue Agencies Over Breach of Remittance Laws
By Anayo Akwitti The Senate on Wednesday threatened to invoke its constitutional powers against more than 30 federal revenue-generating agencies and government-owned enterprises over alleged violations of statutory revenue remittance laws and refusal to honour invitations to appear before its Committee on Finance. The warning followed a point of order raised during plenary by the […]
NERC Transfers Electricity Regulation to 16 States
By Mardiyyah Abubakar The Nigerian Electricity Regulatory Commission (NERC) has formally transferred electricity market regulatory powers to 16 states, marking a major milestone in Nigeria’s transition to a decentralised electricity market. NERC Chairman, Dr. Musiliu Oseni, announced the development on Monday during a regional seminar for judges of the Lagos State High Court, describing the […]
TUC Vows Mass Mobilization Against Insecurity, Soaring Tariffs
By Chinedu Echianu The Trade Union Congress of Nigeria (TUC) has called on the Federal Government to urgently address worsening economic hardship, insecurity and rising electricity tariffs, warning that organised labour may mobilise workers if policies continue to undermine their welfare. The warning was contained in a communiqué jointly signed by TUC President, Festus Osifo, […]
President Tinubu Reconstitutes NERC Board
By Chinedu Echianu President Bola Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC) following the confirmation of its members by the Senate on December 16. In a statement on Thursday, Presidential spokesman, Bayo Onanuga says the reconstituted Board is chaired by Mulisiu Olalekan Oseni, who previously served as […]
JUST IN: Protests Rock National Assembly Over Stalled Confirmation of NERC Nominee
By: Aremu Toyeebaht Fresh tension erupted in Abuja on Tuesday as protesters stormed the National Assembly, demanding the immediate confirmation of Abdullahi Ramat, President Bola Tinubu’s nominee for Chairman of the Nigerian Electricity Regulatory Commission (NERC). The demonstrators — made up of civil society groups, rights activists, and Ramat’s supporters — marched around the National […]
PenCom, NERC Crack Down on GENCOs, DISCOs Over Pension Arrears
By Oluwakemi Kindness The National Pension Commission (PenCom) has sought the intervention of the Nigerian Electricity Regulatory Commission (NERC) to compel electricity Generation Companies (GENCOs) and Distribution Companies (DISCOs) to remit outstanding pension contributions owed to their employees. PenCom’s Director General, Ms. Omolola Oloworaran, stated this when she led a delegation to seek NERC’s intervention […]
FCCPC Engages Discos Over Prepaid Meter Phase-Out
Oluwakemi Kindness The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday re-echoed its committed to preventing any disadvantage to consumers particularly now with the ongoing meter upgrade. This is as the commission says it is actively engaging key stakeholders, including the Nigerian Electricity Regulatory Commission (NERC), Nigerian Electricity Management Services Agency […]