The chairman, Nigerian Electricity Regulatory Commission (NERC) Mr. Sanusi Garba, yesterday said the agency had not approved any tariff rate review in the power sector in recent times.
Garba who stated this while briefing journalists in Abuja stated that the last tariff review was approved on December 31, 2021, and became effective in February this year and called on the public to furnish the agency with information should they notice anything new.
“I want to, on behalf of the management of NERC, clearly state that as of today (Friday), we have not approved any rate review and there is no indication that any electricity distribution company is increasing its tariff.
“If you notice that the rate you buy electricity has changed within the last one to three weeks, we want evidence. The information posted on the NERC website was the last tariff rate review in December 2021.
“Our function is to approve applications for tariffs for the distribution companies, and we have not received any.
