The Nigerian Electricity Regulatory Commission (NERC), is exploring a partnership with eTranzact International Plc to introduce fintech tools that improve liquidity, efficiency, and services in Nigeria’s Electricity Supply Industry (NESI). This initiative addresses ongoing liquidity woes, including DisCos’ high ATC&C losses (over 40% in some areas), payment defaults, metering shortages, and billing disputes, which have piled up over N3 trillion in stranded debts and disrupted payments to GenCos, per NERC’s 2025 reports.
During a visit by eTranzact’s team, led by MD/CEO Niyi Toluwalope, to NERC’s headquarters, Chairman Dr. Musiliu Oseni voiced strong support for tech-driven fixes. eTranzact pitched solutions like installment power payments, digital gateways, and settlement systems to cut losses and speed up cash flows for DisCos.
Both sides are keen on collaborative projects to strengthen payment infrastructure, boost revenue recovery, and ensure NESI’s sustainability—building on pilots like metering payment schemes. NERC oversees the interstate market under the 2023 Electricity Act, while eTranzact leads in digital payments and e-invoicing.
