NERC Set to Present New Power Tariffs to FG


Barring any last minute change of plan, the Nigerian Electricity Regulatory Commission will today present new electricity tariffs for power consumers across the country to the Federal Government for its review.

It was gathered that the new tariffs were arrived at after the commission reviewed the proposals submitted to it by the various electricity distribution companies.

The Chairman, NERC, Dr. Sam Amadi, recently indicated that the commission had completed its job on the issue of tariff proposal reviews and would present it to the Federal Government before the end of this week before announcing the new tariffs to consumers.

The NERC boss further stated that it was necessary for the government to know what to expect considering the effects of an adjustment in power tariffs on the national economy.


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