Electricity Distribution Companies (DisCos) in Nigeria will hike their tariffs with effect from January 1, 2024.
A source from one of the electricity distribution companies who confirmed the development said a virtual emergency meeting was held in that regard.
“All has been perfected for the new tariff to take effect from the first of January, 2024,” the source said on the condition of anonymity.
“It is now left for various electricity distribution companies to enlighten their customers on new developments,” he added.
The source noted that the National Electricity Regulatory Commission (NERC) had already invited distribution companies for a meeting on the development.
He expressed fear that while it is mandatory for electricity distribution companies to regularly evaluate tariffs every six months, the recent increase would meet customers’ dissatisfaction.
By NewsDesk - The Member representing Ukanafun/Oruk Anam Federal Constituency, Rep. Unyime Idem, has announced…
By NewsDesk - The Federal High Court of Nigeria has announced that its 2026 Christmas…
By NewsDesk - Akwa Ibom Governor, Pastor Umo Eno, has identified the Ibom Deep Sea…
By NewsDESK - Akwa Ibom State Governor, Umo Eno, has described President Bola Ahmed Tinubu’s…
By NewsDESK - The Akwa Ibom government has offered to sponsor 100 youths for agricultural…
By Daniel Tyokuaq The Crime Correspondents Association of Nigeria (CCAN), has elected new executive members…