Discos roll back tariff hike plans, await NERC’s green light
There is confusion over the purported plan to hike electricity tariffs from 1 July. Yesterday, the DisCos clarified that they had not got the approval of the Nigerian Electricity Regulatory Commission (NERC) to hike tariffs. Also, the Abuja Electricity Distribution Company (AEDC) backtracked on its earlier announcement of a tariff increase, barely 18 hours after it issued a notification. An …