News
House Of Reps Issues Directive To NERC Over Increase In Electricity Tariff
Following the adoption of a motion sponsored by a member of the House of Representatives, Hon. Sani Madaki (NNPP, Kano State), the National Electricity Regulatory Commission (NERC) has been directed by the Green Chamber not to approve the request of Distribution Companies (DisCos) to increase in electricity tariffs.
The House of Representatives passed the resolution during a plenary session on Thursday.
Recall that reports had spread that electricity tariffs would be increased by 40 percent due to spiralling petrol prices.
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The increase was said to be contingent on the 2022 multi-year tariff order (MYTO), which is due for a bi-annual review this month.
Rumours had emerged that a new electricity tariff regime was expected to kick off on July 1 across the country but there was official confirmation of the new prices and the tariff remained the same.
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