Breaking News | Electricity tariff to go haywire as govt withdraws subsidy
• Aremu says spike indicates hard year for workers The Nigerian Electricity Regulatory Commission (NERC) confirmed, yesterday, that some electricity consumers in the country would pay more for energy to reflect inflation trend and Foreign Exchange reality. That is what the Multi Year Tariff Order (MYTO) recommends for the sector. Although the MYTO for other distribution companies, apart from the Ibadan DisCo, was not released by NERC at the time of filing this report, consumer may need to get ready for increase in tariff from now to 2024. There are also indications that the Federal Govern...
Source: thestreetjournal.org