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5.1.21

NERC reportedly approves hike in electricity tariff by 50% for all customers



Two months after it finally implemented a much opposed hike in November 2020, the Nigerian Electricity Regulatory Commission (NERC) has reportedly approved a hike in electricity tariff of customers of the 11 Distribution Companies (DisCos) by over 50 percent.

This is effective from January 1, 2021 to June of same year when a further increase is envisaged. And it is applicable to all customers unlike the last hike that gave some discounts and exempted customers getting 12 hours of power or less.

Read more details at DailyTrust

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