News
Reps Issues Directive To NERC Over Electricity Tariff Increase
The National Electricity Regulatory Commission (NERC) has been directed by the House of Representatives not to approve the request of Discos to increase electricity tariff in the country.
The Green Chambers passed the resolution during a plenary session on Thursday.
The resolution was passed following the adoption of a motion sponsored by Sani Madaki, a member of the New Nigeria Peoples Party (NNPP) from Kano State.
Recall that reports had spread that electricity tariffs would be increased by 40 percent due to spiralling petrol prices.
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 emerges 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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