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NERC approves new tariff review applications, Capex for DISCOs

NERC approves N215.68bn for Ikeja, Eko DisCos upgrades

The Nigerian Electricity Regulatory Commission (NERC) has given approval to Ikeja Electric Plc to invest the sum of N121.92 billion for infrastructure upgrade across its network within a period of five years. NERC, which is the regulator of Nigeria’s electricity sector, also approved N93.76 billion for Eko Electricity Distribution Company (EKEDC) to upgrade infrastructure across
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‘What’s going on with electric, G.E, FIRS, Labour ministry, Arco and Nigerian Workers’

While Nigerians are still reeling from the shock of a so-called foreign investor called P&ID deploying the law as an instrument of fraud in a foreign court with the sole aim of dispossessing us of a humongous chunk of our national wealth, it would appear that yet another “foreign investor” has most atrociously short changed Nigerian workers vide a series of highly suspicious tax deductions.

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