Power stakeholders expressed dissatisfaction over 300 percent increase in electricity tariffs approved by NERC

Lagos, NIGERIA — Some power experts and stakeholders have expressed their dissatisfaction with the over 300 percent increase in electricity tariffs approved by the Nigerian Electricity Regulatory Commission (NERC). In separate interviews on Wednesday in Lagos, the experts and stakeholders lamented that such an increase would further burden electricity consumers across the nation. The Federal Government, through the NERC, approved an increase of 340% in electricity tariff for customers under the Band A classification... independent.ng