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PIB: N assembly opts for creation of two regulatory agencies
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Metering gap persists despite CBN s intervention — Nigeria — The Guardian Nigeria News – Nigeria and World News
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India largest export market for Nigeria in 2021 first quarter
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Metering: Community Leaders Decry Estimated Billing In Ikorodu
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By May, it approved the PIPs for the DisCos and is expected to approve the minor tariff review of the MYTO effective today, July 1.
Earlier in April, the Minister of Power, Engr. Sale Mamman, in a statement, confirmed that the tariff increase would be slight to maange headwinds from inflation and the rising foreign exchange.
Mamman explained that the order issued by the Nigerian Electricity Regulatory Commission (NERC) on the April 26, 2021 announcing tariff reviews, was a routine procedure for the Multi-Year Tariff Order (MYTO) done every six months.
“The tariff for customers on service bands D & E (customers being served less than an average of 12hrs of supply per day over a period of one month) remains subsidized in line with the policy direction of the federal government,” said Mamman.