News
ERC approves new increase in electricity tariff
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff across the country.
According to a directive issued on December 31, 2020, and signed by Sanusi Garba, NERC chairman, the new tariff will take effect from January 1.
The commission stated that the new tariff will be enforced until the issuance of another minor review order or an extraordinary tariff review order by the commission.
The NERC said some of the indices considered for the upward review include Nigeria’s inflation rate, exchange rate, US rate of inflation, available generation capacity, gas price, MDA losses and capex adjustment.
-
Entertainment News3 years agoJustin Bieber & Selena Gomez Have Started Hanging Out Again
-
News4 months agoBuhari Reportedly plots retirement of southern Police AIG to clear paths for another IG from northern region
-
Articles4 years agoMarcus Rashford’s Girlfriend Lucia Loi
-
Photos3 years agoLeroy Sane’s Girlfriend Candice Brook
-
Celebrities3 years agoDavid Beckham Allegedly Got His Daughter’s Teacher Pregnant
-
News2 years agoNigeria Gets Fresh $200m Loan To Finance Electricity Projects
-
Entertainment News4 years agoTop 10 Sexiest Young Female Celebrities in The World
-
Celebrities3 years agoJesse Lingard Breaks Up With Girlfriend Jena Frumes