NERC increases electricity tariff

Consumers in the country will begin to pay more for electricity following an adjustment of tariff by the Nigerian Electricity Regulatory Commission (NERC).

The approval was given in a Multi-Year Tariff Order (MYTO) signed by the new NERC Chairman, Sanusi Garba.

In the document dated December 31, 2020, the agency stated that the order was effective from January 1, 2021.

The new rate is payable by electricity customers of the 11 Distribution Companies (DISCOs) spread across the country.

The new increment order was issued barely two months after the implementation of the controversial increase proposed in 2020.

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