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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