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...