• No plans to hike electricity tariff by 100 per cent – NERC

    No plans to hike electricity tariff by 100 per cent – NERC

    If assurances by the nation’s 11 electricity distribution companies (Discos) are anything to go by, Nigerians may not witness another increase in electricity tariff soon.

    The Discos were responding to a report of a planned 100 per cent increase in electricity tariff.In another development, the Discos have been directed to wind down Credited Advance Payment for Metering Initiative (CAPMI) in which customers pay for meters.

    CAPMI was designed by NERC as an optional alternative for customers who are willing to advance money […]