The Nigerian Electricity Regulatory Commission said the planned increase in tariff was done through consultation with Electricity Distribution Companies and stakeholders in the sector. Chairman of NERC, Prof. John Momoh, said this to newsmen on Thursday in Abuja during the assumption of office of the new Minister of Power, Mr. Sale Mamman. NERC on its website said it had determined and recognised the historical (2015-2018) tariff deficits pursuant to the objective of resolving the impairment of the financial records of DisCos arising as a consequence of the deficits. “This order…
Read MoreHow we arrived at planned electricity tariff increase -NERC boss
