When the National Electricity Regulatory Commission (NERC) announced what has been described as a hike in electricity tariff, there was bedlam in the land even before many Nigerians understood what was happening. But a close look at the press statement issued by the regulators indeed showed that subsidy on electricity tariff is still largely intact. What NERC did in response to demands by electricity distribution companies (disCos) for a cost-reflective price regime amounts to a partial removal of subsidy. It only affects 15% of electricity users or about 1.5m consumers…
Read MoreNew Electricity Tariff Is Pro-poor, Not A Burden On Majority Of Nigerians, By Dapo Okubanjo
