NERC asserts that DisCos are unable to increase tariffs without obtaining approval

Date:

The National Electricity Regulatory Commission (NERC) has announced that prior approval from them is necessary for electricity distribution companies to raise tariffs. Usman Abba Arabi, NERC’s spokesperson,

Despite reports suggesting a hike in electricity tariffs by the distribution companies (Discos) in the New Year, NERC clarified that no new tariffs had been sanctioned for any Discos within the Nigerian electricity supply industry.

Arabi emphasized, “No new electricity tariff has been approved. Disregard any news about new tariffs on January 1, 2024.”

However, some Nigerians on social media expressed doubt, noting apparent increases in their recent electricity bills.

Statements from individuals like Inusa Mani and Vito Jean highlighted concerns about rising rates in places like Kaduna and Ibadan, respectively.

Segun Alex also mentioned a perceived lack of directives from NERC regarding tariff adjustments.

Responding to public worries that Discos might have implemented tariff hikes without NERC’s consent, Arabi affirmed, “DisCos are prohibited from charging any electricity tariff without NERC’s approval.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

What Alexander Usik’s crazy training regime looks like

🥊🚣‍♂ What Alexander Usik’s crazy training regime looks like:   The...

U.S.-Nigeria Air Transport Bilateral Agreement goes live 24 years after first announcemen

The U.S.-Nigeria Air Transport Agreement has finally officially come,...

EFCC Hands Over $22,000 Recovered From Convicted Internet Fraudster To FBI in Lagos

The Economic and Financial Crimes Commission, EFCC, on Friday,...

Oleksandr Usyk bfats Tyson Fury to become undisputed world heavyweight champion

Oleksandr Usyk bfats Tyson Fury to become undisputed world...