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Nigerian Electricity Regulatory Commission (NERC) has unbundled the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO). NERC disclosed that TCN would transfer all market and system operation functions to NISO. This move comes in line with the provisions of the Electricity Act 2023, which provides…
The Nigerian Electricity Regulatory Commission (NERC) has approved electricity tariffs hike, effective January 1 2024, following a review of the Multi Year Tariff Order. Chairman of NERC, Sanusi Garba made this known on Wednesday during a routine media engagement in Abuja. Garba, however, disclosed that the burden of the electricity tariffs hike will be on…