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  • NERC Orders DisCos to Compensate Wrongfully Disconnected Customers

    NERC Orders DisCos to Compensate Wrongfully Disconnected Customers0

    Electricity customers in Nigeria are set to receive stronger protection following a new directive by the Nigerian Electricity Regulatory Commission (NERC) on wrongful disconnection by Distribution Companies (DisCos). Under the directive, customers who are unlawfully disconnected will be compensated with energy credits equivalent to their average consumption for three months for every day they remain

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  • FAAC allocation rises to N2.43tn as oil revenue rebounds

    FAAC allocation rises to N2.43tn as oil revenue rebounds0

    The Federal Government, 36 states and 774 local government councils shared N2.428tn from the Federation Account in October 2026, representing an increase of N90bn, or 3.85 per cent, from the N2.338tn distributed in September. The increase followed a recovery in statutory revenue, supported by improved receipts from petroleum-related taxes, royalties and import duties, despite a

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