NERC introduces a 78% increase in electricity tariffs
The Nigerian Electricity Regulatory Commission (NERC) issued an immediate directive for the review of electricity tariffs in the country on Saturday, January 4th. The order was issued to the 11 electricity distribution companies (DISCos) on December 31, 2019, as stated on the commission’s website in a joint statement signed by the Chairman of the Commission, Joseph Momoh, and the Commissioner for Legal, License & Compliance, Dafe Akpeneye.
The directive affects the following electricity distribution companies: Abuja Electricity Distribution Company, Benin Electricity Distribution Company, Enugu Electricity Distribution Company, Eko Electricity Distribution Company, Ibadan Electricity Distribution Company, Ikeja Electricity Distribution Company, Jos Electricity Distribution Company, K...