One week into the new electricity tariff regime, information flowing from the Nigerian Electricity Regulatory Commission, NERC, has indicated that over 20 percent of consumers categorized as Band A do not have prepaid meters, a major factor in determining actual usage for the purpose of bill settlement. Consequently, the consumers would be mad...
Manufacturers and Organised Labour have kicked against the Federal Government’s 240 per cent hike in the tariff payable by electricity users enjoying a 20-hour power supply. They insisted on the electricity subsidy, warning that its removal would send manufacturers out of business and worsen inflation, reports The PUNCH. The subsidy on electri...