Thursday 26 March 2015

50% POWER TARIFF CUT TAKES EFFECT APRIL 1 – NERC

Energy Crisis Threatens the Western Power GridsThe Nigerian Electricity Regulatory Commission, NERC, says the 50 per cent slash on electricity tariff as recently directed by President Goodluck Jonathan will take effect from April 1.

This information is coming amid insistence by the Power Distribution Companies, DISCOs, on the old tariff under the Multi-Year Tariff Order, MYTO 2.1 as they claimed they were yet to officially communicated by NERC on the presidential directive.


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