In the more recent months, Nigerians have witnessed significant power supply fluctuations and blackouts, dipping as low as 2, 805 MW last month.
The Federal Government has assured Nigerians that there is no plan to significantly raise electricity tariff.
NERC has issued a directive to DisCos on the structured replacement of faulty and obsolete meters for their customers.
While consumers remain unmetered due to the inefficiencies of the Discos, the Discos continue to charge outrageous estimated bills.
DisCos received 203,116 complaints in Q2 2020, of which 60% were based on estimated billing, metering and service interruption.
NERC has disclosed in its recent report that 62.63% of electric customers in Nigeria were under the estimated billing package as at Q3 2020.
Dr Yusuf emphasized that the government should ensure there is a smooth transitioning to the new tariff pricing regime.
The FG through NERC has said electricity consumers who paid for meters under the MAP scheme, will have a refund of their money.
The new NERC boss has assumed office today in an investiture event witnessed by other Commissioners of the Commission.
NERC has advised AEDC and other DisCos to deploy more modern technologies and equipment.