According to a report by OBASANJONEWS24, there are strong indications that the electricity distribution companies (DisCos) in the country have raised their tariffs, effective from December 1.
An official source from one of the distribution companies confirmed this development, stating that a virtual emergency meeting was held to discuss the matter.
The source mentioned that all preparations have been made for the new tariff to take effect in December 2023, and it is now the responsibility of the distribution companies to inform their customers about these changes.
The National Electricity Regulatory Commission (NERC) has also invited the distribution companies for a meeting regarding this development. However, there is concern that this sudden increase may lead to dissatisfaction among customers.
The source expressed uncertainty about the exact amount of the increase and the challenges they face in communicating this to their customers. Another source from the TCN mentioned that only the NERC would have information about the extent of the increase.
