Nigerians To Pay More For Electricity As Regulator Mulls New tariff July 1

The new electricity tariff review will be second in 2022. Here is the reason NERC gave for the Biannual Review + Full statement   The Nigerian Electricity Regulatory Commission (NERC) will from July 1, 2022 review electricity tariffs, about six months after carrying out a similar exercise, Platforms Africa reports. In a memo marked: “Notice Of Compliance in Respect of the Biannual Review of the Revenue Requirements of Licensees,” the power sector regulator said that the adjustment will cover among others, changes in relevant macroeconomic indices. READ ALSO: Power generation…

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Nigerian Power Consumers read riot act to NERC, Discos on fresh tariff hike

  Groups of consumers mobilise against hike they describe as Illegal, unjustifiable, insist Nigerians even deserve electricity supply on credits, not tariff hike, to ameliorate their plights   Electricity consumers in Nigeria on Sunday “outrightly rejected” plans by the Nigerian Electricity Regulatory Commission (NERC) to review electricity tariffs for the 11 power Distribution Companies (DisCos), expected to lead to hike in the unit cost of power. The read riot act to NERC and DisCos to think of the consequence of such actions before embarking on it. Rising under two groups…

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