DisCos Gets Nod To Increase Electricity Tariff

Posted by Nwa Diokpa African News, Business News, Featured, Latest Headlines, News Sunday, August 29th, 2021

(AFRICAN EXAMINER) – The Eko Electricity Distribution Company has announced to its customers the decision of upward tariff adjustment effective from September 1, 2021.

The African Examiner writes that starting from Wednesday September 1, 2021, there are indications that Nigerians will pay more for electricity.

This is coming after a directive by the Nigerian Electricity Regulatory Commission (NERC) to the Electricity Distribution Companies (DisCos) to increase their tariff.

In a letter titled; “Tariff Increase Notification”, the NERC gave the electricity distributors in the country the nod to charge a service-based tariff.

A document from the Eko Electricity Distribution Company, with reference number 023/EKEDP/GMCLR/0025/2021 indicates that the tariff would increase between N42.44 to 58.94 depending on their class.