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The Minority Caucus of the House of Representatives has strongly urged the Federal Government to intervene and urge the Nigerian Electricity Regulatory Commission (NERC) to retract the recent electricity tariff increase nationwide. NERC recently approved a 300% tariff hike for Band A consumers, allowing power distribution companies to raise electricity rates for urban residents from […]
As per Thursday’s reports, some states have enacted their electricity market laws, awaiting approval from the Nigerian Electricity Regulatory Commission (NERC) for independent regulatory bodies, separate from the federal NERC. The 240% power tariff hike for Band A consumers enjoying 20-hour electricity faced severe criticism from various groups, including the Petroleum and Natural Gas Senior […]
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