The Nigerian Electricity Regulatory Commission (NERC) has released a new Multi Year Tariff Order (MYTO) stating new guideline for tariff. Platforms Africa, which reported this earlier on Thursday, observed misrepresentation in reports on the MYTO while many Nigerians seek proper understanding of what this means to their daily power transactions with DisCos. Though the latest Multi Year Tariff Order (MYTO) issued by the commission approved a hike in the tariffs upto 35 per cent for DisCos effective 1st of January 2024, it stated clearly that the burden would be shouldered…
Read MoreSix Things To Know About New Electricity Tariff
