Tag: NERC Approves Hike in Electricity Tariff

    Through the Nigerian Electricity Regulatory Commission (NERC), the Federal Government yesterday approved an upward review in electricity tariff. NERC Chairman Sanusi Garba, who broke the news in Abuja, said it would cost the government between N120 billion to N130 billion monthly (N1.6 trillion) to subsidise electricity this year. Asked for how long the…