Immediate consequences of the Senate's directive to the Nigeria Electricity Regulatory Commission and other stakeholders to reverse electricity tariff increment have been spelt out. The Association of Nigerian Electricity Distributors, ANED, has warned that with suspension of the new electricity tariff would come loss of...

The Senate has directed the Nigeria Electricity Regulatory Commission (NERC) Federal Ministry of Power and Electricity Distribution Companies, DISCOs, to suspend forthwith the implementation of the 45 per cent increment on electricity tariffs and revert to the status quo. The lawmakers also directed its committees on...