The Nigerian Electricity Regulatory Commission has released rules on the process for tariff reviews in the wake of the controversy surrounding the Federal Government’s alleged increase in electricity rates. In accordance with the Electricity Act 2023, the commission must review and approve a fair tariff to enable licensees to recover […]
The Nigerian Electricity Regulatory Commission (NERC)
The Nigerian Electricity Regulatory Commission (NERC) has responded to speculations about the Federal Government’s plans to increase electricity tariffs. The regulatory body clarified that any tariff review follows a structured procedure as outlined in the Electricity Act 2023. In an official statement signed by NERC Chairman, Sanusi Garba, the commission […]