FG announced a reduction in electricity tariffs by half (50%), retains fixed charge

FG announced a reduction in electricity tariffs by half (50%), retains fixed charge

The Nigerian Electricity Regulatory Commission on Wednesday announced the immediate review of electricity tariffs by about 50 per cent.

 The Chairman of the Commission, Sam Amadi, who announced the review in Abuja, said the reduction, which takes effect from the end of March, followed the regulatory agency’s decision to remove collection losses from customer tariff under the multi-year tariff order.

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