NERC

The Nigerian Electricity Regulatory Commission (NERC) says it has transferred regulatory oversight of the electricity market in Lagos State to the newly established Lagos State Electricity Regulatory Commission (LASERC). NERC announced this in a statement it released on X, formerly Twitter, on

Data from the Nigerian Electricity Regulatory Commission, NERC, indicates that the Federal Government’s electricity subsidies rose to N199.64 billion in December 2024. According to the newly released report, ‘December 2024 Multi-Year Tariff Order,’ electricity subsidies rose by 2.76 per cent to N199.64