Yesterday, NERC confirmed the increase in electricity rates for customers in the Band A category
The Bola Tinubu-led Federal Government has approved a hike in electricity tariffs for customers classified under Band A. This decision was announced during a press briefing...
Nigeria’s power companies are set to increase electricity tariffs, raising them to N200 ($0.15) per kilowatt-hour from the current N68, as reported by Bloomberg news agency....
The Nigerian Senate has opposed the Ministry of Power’s proposal to increase electricity tariffs and remove the subsidy on electricity, News About Nigeria reports. The Senate’s...
Taking this matter seriously, the House has tasked its power committee with engaging in discussions with NERC.
NERC issued a statement announcing the applications and inviting the public and stakeholders to provide their comments on the rate review requests.
Stakeholders voice concerns over the potential impact on Nigerians' purchasing power and urge government intervention.
Findings have shown that electricity tariffs increased by 58 per cent after the Federal Government yanked off a yearly subsidy of N500bn to the power sector....