.png)
.png)
1 month ago
36
- The Nigerian Electricity Regulatory Commission (NERC) has issued caller guidelines to DisCos connected currency and integer measure collection
- The committee said the caller line prohibits unlicensed third-party agents from collecting bills connected behalf of immoderate DisCo
- It disclosed that third-party measure postulation agents indispensable beryllium licensed by the Central Bank of Nigeria and NIBSS, with verifiable taxation compliance
Legit.ng’s Pascal Oparada has reported connected tech, energy, stocks, concern and the economy for implicit a decade.
The Nigerian Electricity Regulatory Commission (NERC) has issued caller guidelines, mandating electriciting organisation companies (DisCos) to utilise a digital, transparent, and accountable model for energy gross collection.
The caller model was released connected Wednesday, May 28, 2025, and was signed by the NERC chairman, Sanusi Garba.
Source: Getty Images
NERC bans currency postulation by DisCos
The caller directive takes effect instantly and is based connected the commission’s powers arsenic enshrined successful Section 226 of the Electricity Act 2023.
They are targeted astatine energy organisation companies (DisCos) operating successful states oregon places that person nary established energy markets.
According to the caller directive, the determination aligns with the Nigerian government’s program for a cashless system and aims to tighten controls implicit energy gross inflows into the Nigerian Electricity Supply Industry (NESI).
NERC bars DisCos from utilizing unlicensed agents
The caller line prohibits DisCos from engaging unlicensed agents for measure collections.
It stated that lone third-party postulation work providers with valid Central Bank of Nigeria (CBN) licenses, verified integration with the Nigeria Inter-Bank Settlement System (NIBSS), and taxation compliance volition beryllium allowed to operate.
The committee stated that it issued the line to boost gross postulation successful NESI, guarantee the ratio of gross postulation contracts, and trim the hazard of gross losses from DisCos’ engagement of third-party agents.
Electricity bill: NERC introduces committee payments
NERC besides introduced a bounds connected committee rates crossed each outgo platforms.
It disclosed that USSD transactions beneath N5,000 volition pull an N20 commission, portion agrarian agents whitethorn complaint astir 3.25% per transaction, taxable to the N2,000 cap.
To support concern and commercialized customers, NERC said maximum request customers volition proceed to bask commission-zero charges connected their measure payments.
The argumentation is based connected the commission’s anterior order, which eliminated currency payments for large-scale energy users.
The caller line present wants to institutionalise integer payments crossed each platforms, including USSD codes, PoS terminals, vending kiosks, mobile wallets, and Internet banking channels.
NERC said the bid applies to each CSPs and DisCos, stating that nary CSP shall beryllium engaged by a DisCo without a CBN licence and that each third-party postulation work agreements and contracts entered into with immoderate organisation institution nether NERC’s oversight are taxable to its support and registration earlier transaction commencement.
Source: Getty Images
Band A users connected 18 feeders to beryllium downgraded
Legit.ng antecedently reported that NERC has ordered 8 energy organisation firms to downgrade 18 energy feeders successful the Band A feeders to little bands implicit their inability to proviso a minimum of 20 hours of powerfulness to the affected customers.
The committee besides ordered the DisCos to compensate Band A customers successful 213 feeders.
The bid was contained successful the May 2025 Supplementary Order to the Multi-Year Tariff Order (MYTO)
Lagos launches Nigeria's archetypal autarkic energy market
Legit.ng earlier reported that arsenic the archetypal subnational entity successful the federation and 1 of the fewer successful Africa to make a afloat regulated, independent energy market, Lagos State is poised to marque history.
The authorities authorities is integrating each of its power-related policies into a single, broad energy argumentation arsenic portion of a betterment to modernise its energy ecosystem.
This strategy aims to amended vigor availability, pull investment, and accelerate growth.
PAY ATTENTION: Сheck retired quality that is picked exactly for YOU ➡️ find the “Recommended for you” artifact connected the location leafage and enjoy!
Source: Legit.ng
