The National Electricity Regulatory Commission (NERC) has stressed that electricity distribution companies (Discos) must obtain its approval before implementing any tariff increases. Usman Abba Arabi, the spokesperson for NERC, conveyed this information on Tuesday, in a bid to counter reports circulating in the media suggesting that Discos were planning to raise electricity tariffs in the New Year.
The NERC spokesperson clarified that the commission had not sanctioned any new electricity tariffs for any of the Discos operating within the Nigerian electricity supply industry. Arabi stated, “No new electricity tariff has been approved. Nigerians should ignore any news reports about new electricity tariffs coming up on the 1st of January 2024.”
Despite NERC’s assurance that there were no plans to raise tariffs, some Nigerians on social media expressed skepticism, suggesting that Discos might proceed with implementing new tariffs without waiting for the commission’s approval