Nigeria: NERC Slams N2 Million Fee On Discos, Gencos' for Tariff Review

6 August 2014

ABUJA -- The Nigerian Electricity Regulatory Commission, NERC, has announced N2 million as fee for any electricity company seeking an extra-ordinary review of the current tariff structure before a major or minor review.

The new fee, as contained in the NERC's new Draft Regulations on Tariff Review, was revealed at the public consultation on Draft Regulations for Rate Review and Investment in electricity networks held yesterday in Abuja.

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