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ELECTRIC POWER SECTOR REFORM ACT
The House of Representatives needs to review the stipulations of the 2023 Amendment bill on the Electric Power Sector Reform Act.
The review, which is a minor one, began in the first quarter of 2020 and has remained inconclusive.
The new electricity tariffs introduced by NERC will be effective from April 1, the power distribution companies (DisCos) have disclosed.
FG, through NERC may withdraw the licences of eight Discos over breaches of some provisions of the Electric Power Sector Reform Act.