Chairman, NERC, Dr Sam Amadi
The Federal Government on Tuesday announced a reduction in electricity tariffs by 50 per cent.
It explained that the reduction which
came barely two months after it cut the pump price of petrol by N10,
followed a series of complaints by electricity consumers.
The government through the Nigerian
Electricity Regulatory Commission added that it took the decision after
it removed the collection loss component of the Multi Year Tariff Order
2.1 of the affected Discos.
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