Rise In Electricity Tariffs; NERC

todayApril 27, 2021 6

share close

Due to changes in inflation, foreign exchange, gas prices, available generation capacity and capital expenditure, the Nigerian Electricity Regulatory Commission on Monday announced that another tariff review for Nigeria’s 11 power distribution companies would hold in July.

This was disclosed in its notice of Minor and Extraordinary Review of Tariffs for Electricity Transmission and Distribution Companies. a development that might lead to a rise in the tariffs payable by electricity users.

The commission also stated that extraordinary tariff reviews where done in instances where industry parameters had changed from those used in the operating tariffs to such an extent that a review was urgently required to maintain the viability of the industry.


Written by: Sdb Live News

Rate it

Previous post


President Biden Officially Recognises 1915 Armenian Genocide

President Joe Biden officially recognised the Armenian Genocide of the early 1900s on Saturday, April 24, 2021 becoming the first U.S. leader to ever call the mass killing a “genocide.” Saturday marks the annual Armenian Genocide Remembrance Day, which recognises the Ottoman Empire’s killing of an estimated 1.5 million Armenians from a traumatic period that lasted sometime between 1915 and 1923. “Each year on this day, we remember the lives […]

todayApril 26, 2021 6

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *