• No immediate increase in electricity tariff, NERC insists• ‘DisCos will enforce new tariff from April’A new regulation to enforce metering for electricity consumers will be ready next month, according to the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh. This is a fresh move by the regulatory agency to stop electricity distribution companies (DisCos) from fleecing their customers through the current regime of estimated billing. “There is no immediate increase in tariff for customers. Prof. Adeola Adenikinju, Director, Centre for Petroleum, Energy Economics and Law (CPEEL), University of Ibadan, said: “Tariff increase should not be used as a means to transfer the inefficiency in the system to electricity consumers. He asked: “What has happened to the promised increase in power supply to the homes of Nigerians?

Source: The Guardian January 07, 2020 03:56 UTC