GenCos, NBET Bickering Degenerates, generation firms lampoon bulk traders The Nigerian Electricity Regulatory Commission (NERC) will conduct a minor tariff review every six months to reflect the economic situation, especially the disparity between naira and other major currencies, specifically the dollar. NERC Chairman, Sanusi Garba, who disclosed this on Thursday said that the commission was not implementing tariff review in secrecy. Speaking at a media briefing in Abuja, Garba said: “We will adjust the rate every six months to take care of the foreign exchange component of costs, and…
Read MoreElectricity Tariff Review Looms, NERC Insists Action Statutory Every 6 Months
