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NO INCREASE IN ELECTRICITY TARIFF TILL JULY- NERC


The Nigerian Electricity Regulatory Commission (NERC) said there will be no increase in electricity tariff for end-use customers until July.

 

NERC had earlier disclosed that it would increase tariff from April 1st 2020.

 

NERC chairman, JAMES MOMOH also directed all distribution companies to submit a detailed plan for the attainment of full recovery of prudent costs and allowed return on capital revenue requirements by June 30 2021.

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