Tag: electricity tarrif
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New Year: Discos set to increase electricity tariff nationwide Jan 1
Disco, Nigeria’s electricity distribution companies, have reportedly concluded plans to hike electricity tariff nationwide with effect from January 1, 2024. A source in one of the DisCos confirmed the development to Newsmen under anonymity.
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NERC admits adjusting rates, denies increasing electricity tariff by 50%
The management of the Nigerian Electricity Regulatory Commission (NERC) has said there is no 50 per cent increase in electricity tariff. NERC spokesman Micheal Faloseyi refuted the reported increment in a statement on Tuesday.“The commission hereby state unequivocally that no approval has been granted for 50 per cent tariff increase in the tariff order for…