NERC Finalizes Position on New Electricity Tariffs

Dr.-Sam-Amadi-Executive-Chairman-Nigerian-Electricity-Regulatory-Commission

The Nigerian Electricity Regulatory Commission (NERC) has begun to finalize its position on the requests by the electricity distribution companies for an increase in the different types of tariff classes.

The commission’s Chairman, Dr. Sam Amadi, noted in Abuja last week that NERC had yet to announce the new rates because it was still reviewing the requests by the DISCOs, but was quick to state that the review was in its final stage.

Although Amadi did not state if the outcome of the review would lead to increased electricity tariffs, sources at the commission as well as the consumer advocacy group inaugurated by NERC stated that there was intense pressure on the regulator to raise the electricity tariffs.

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