‘Provide investment plans, financials’ — NERC gives DisCos guidelines for tariff hike
[NigerianEye - Nigeria] - 6/02/2025
The Nigerian Electricity Regulatory Commission (NERC) has issued regulations on the procedure for tariff reviews. The development comes a few days after reports had suggested that the electricity tariff will be reviewed upwards. However, in its latest order signed by Sanusi Garba, chairman of NERC, the commission said electricity tariffs are to be reviewed every five years based on the provisions of the Multi-Year Tariff Order (MYTO) methodology. The commission said all tariff assumptions are reviewed to ensure the industry’s viability and efficiency NERC added that one year before a major (…)
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