JUST IN: Don’t Approve Electricity Tariff Increase, Reps Tell NERC

The house of representatives has asked the National Electricity Regulatory Commission (NERC) not to approve the proposed increase in electricity tariffs.

The lower legislative chamber passed the resolution during a plenary session on Thursday, following the adoption of a motion sponsored by Sani Madaki, a member of the New Nigeria Peoples Party (NNPP) from Kano.

In the past weeks, reports had spread that electricity tariffs would be increased by 40 percent due to spiralling petrol prices.

The increase was said to be contingent on the 2022 multi-year tariff order (MYTO), which is due for a bi-annual review this month.

TheCable

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