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No plan to increase electricity tariff, says NERC

Electricity meters

The Nigerian Electricity Regulatory Commission (NERC) on Tuesday denied reports that there were plans to increase power tariffs across the country.

Six months ago, NERC increased electricity tariffs for different categories of consumers by over 45 per cent, but it denied doing so this time around because of the prevailing economic situation in the country.

It also stated that none of the operators in the industry was pressing for an increase in tariffs, adding that it had not received any application to that effect.

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This is coming as the Nigerian National Petroleum Corporation assured operators in the power sector that by September this year, it would have completed the repair of vandalised pipelines supplying gas to the power plants.

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