NERC delegates tariff determination to consumers, distribution companies

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that it is ceding part of its regulatory responsibilities with regards to transparent determination of appropriate tariff payable by consumers in Nigeria’s electricity industry to both consumers and distribution companies in the sector, This Day reports. NERC said at the end of the April edition of the […]

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Deepwater expenditure to increase to $210bn – Douglas Westwood

Despite imminent project delays, 2015-2019 deepwater expenditure is expected to increase by 69%, compared to the preceding five-year period, totaling a figure of $210 billion (bn). This is the headline finding from Douglas-Westwood’s (DW) World Deepwater Market Forecast 2015-2019. Report author, Mark Adeosun, commented, “As production from mature basins onshore and in shallow water declines, […]

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Eko DISCO partners OneCard Nigeria on mobile payment solutions

OneCard Nigeria is partnering Eko Electricity Distribution Plc (EKEDP) to give postpaid and prepaid electricity customers instant recharge for their meters, using scratch cards, web and mobile technology, The Nation reports. Postpaid and prepaid EKEDP customers would be able to recharge their electricity meters instantly, using the One1Card multipurpose recharge cards, as well as OneCard’s Direct […]

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