NERC set to increase electricity tariff again

The Nigeria Electricity Regulatory Commission (NERC) has it would increase tariff on electricity as from July, 2021.

This was disclosed in a notice posted on NERC’s website on Monday.

The Nigeria Electricity Regulatory Commission (NERC) has it would increase tariff on electricity as from July.

According to NERC, the extraordinary tariff review is as a result of changes in inflation, foreign exchange, gas prices, available generation capacity and capital expenditure.