Electricity tariff: NERC issues new directives to DisCos
Nigeria, April 6 -- The Nigerian Electricity Regulatory Commission (NERC) has issued new directives to the electricity distribution companies (DisCos) on the implementation of the April 2024 Multi-Year Tariff Order.
The directives were contained in a statement signed by NERC's Deputy General Manager of Market Competition and Rates, Abba Terab, on Saturday.
NERC had, on Wednesday, ordered the immediate upward review of electricity tariffs from Wednesday, 3 April.
The NERC Vice Chairperson, Musiliu Oseni, who disclosed this while speaking at a press conference in Abuja on Wednesday, explained that only electricity customers in band A would be affected by the increase.
He noted that the increase would not affect Bands B, C, D and E while...
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