NERC reduces FX rate for calculating new tariff for Band A customers by 16.03%
The Nigerian Electricity Regulatory Commission (NERC) has reduced the exchange rate for calculating the current electricity tariff for Band A ...
Tag: Electricity tariff
Naira appreciation: NERC approves 8.1% electricity tariff cut for Band A customers for all DisCos
The Nigerian Electricity Regulatory Commission (NERC) has confirmed the approval of 8.1% electricity rate cut for customers under Band A ...
Ikeja Electric slashes tariff for Band A customers
Ikeja Electric Distribution Company (IE) has announced the reduction of its electricity tariff for customers under Band A from N225/kWh ...
Financial experts fear electricity tariff hike may push up inflation
Financial experts fear escalating inflation and electric tariff hikes may push increase in prices of products.
FG will require N3.2 trillion to subsidise electricity in 2024 without tariff hike- NERC
The Federal Government asserts it needs approximately N3.2 trillion to subsidize electricity in 2024 should the current tariff hike be ...
Minister eyes reduction in electricity tariff as Naira strengthens in FX market
Adebayo Adelabu, the Minister of Power, has said that the revised electricity tariff for Band A customers could decrease if ...
Electricity tariff hike threatens long term viability of businesses- ACCI
The Abuja Chamber of Commerce and Industry (ACCI) has voiced its worries about the recent rise in electricity prices, highlighting ...
Electricity Tariff: NERC orders all DisCos to set up portal for customers to check their Band status
The Nigerian Electricity Regulatory Commission (NERC) has directed all eleven DisCos in the country to create an online portal for ...
NERC fines Abuja DisCo N200 million for wrongful billing of customers, orders immediate refunds
The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N200 million on Abuja Electricity Distribution Company (AEDC) for ...
NERC adopts FX rate of N1463.3/$ in calculating new electricity tariff in 2024
The Nigerian Electricity Regulatory Commission (NERC) has applied an exchange rate of N1463.3/$ in calculating the new electricity tariff for ...
