Business

NERC approves increase in electricity tariff

The Nigerian Electricity Regulatory Commission (NERC) has announced an increase in the tariff payable by electricity customers to N225/kWh.

This follows the recent increase of base price for natural gas from. $2.18 to $2.42 per metric million British thermal unit (mmbtu) by Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

More details to follow

Leave a Comment

Your email address will not be published. Required fields are marked *