FG scraps fixed electricity charges, hikes tariff
The Nigerian Electricity Regulatory Commission (NERC) has increased the charges for electricity consumption across the country. In a statement issued by the commission, NERC announced the removal of fixed electricity charges, saying consumers would now have to pay for 'only what they consume.' The development comes less than a week after the House of Representatives asked NERC to halt the plan of increasing tariffs. “Although, the new tariff regimes comes with an increase in energy charges, all electricity consumers (residential as well as commercial) will no longe