The Nigerian Electricity Regulatory Commission, NERC, has clarified reports that it had increased tariffs by 50 per cent for all consumers, stating that only those on service bands A, B, C, and E would be affected by a slight adjustment.
The tariff for consumers on service band D and E with less than 12 hours electricity supply, remains frozen, the commission said in a statement on Tuesday.
“In compliance with the provisions of the Electricity Power Sector Reform Act, EPRSA, and the nation’s tariff methodology for biannual minor review, the rates for service bands A,B, C and D have been adjusted by NGN2.00 to NGN4.00 per kWhr to reflect the partial impact of inflation and movement in foreign exchange rates,” the statement said, adding that any consumer who has been impacted by any rate increase beyond the above provision of the tariff order should report to the Commission through its website
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