NERC moves to remove tariff-related liabilities from DisCos

By Oke Peter The Nigeria Electricity Regulatory Commission (NERC) on Thursday moved to remove historical related liabilities from the financial records of DisCos. NERC said that the order No. NERC/196/2020 that it issued yesterday seeks to resolve the continued accumulation of future tariff-related shortfalls during the transition to cost-reflective tariffs and to prevent the accrual…

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Prepaid meter

Buhari’s ‘Next Level’: Nigerians to pay more for electricity, documents reveal

The President Muhammadu Buhari regime through the Nigerian Electricity Regulatory Commission (NREC) has increased electricity tariff across the country. The difference between what Abuja Electricity Distribution Company (AEDC)’s customers pay currently and what they will pay from next year, is an increase of N9.8/kWh. According to Punch, findings from various documents obtained from the NERC…

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