Africa Business Radio

The Nigerian Electricity Regulatory Commission generated approximately N938.5 million from fees collected from importers of generators and other internal revenue sources from June 2020 to June 2021, an analysis of the data for the four quarters provided by the industry regulator, has shown. NERC had in 2013 introduced an N25,000 charge per unit of 100KVA generator imported into the country in its guidelines for obtaining clearance certificate for the importation of generating sets and related matters. It also fixed a charge of N3,500 per unit of between 25kva and 100kva generators imported into the country, while generators between 5kva and 25kva attract a charge of N1,000 per unit. The amount collected by NERC is exclusive of duties and other taxes paid by the importers in the country.