Results have revealed that electricity tariffs increased by 58 per cent after the Federal Government yanked off a yearly subsidy of N500bn to the power sector. The obtained documents showed that the subsidy was removed in 2020, leading the Nigerian Electricity Regulatory Commission (NERC) to increase tariffs from N31/kWh to N49/kWh starting last year. The … Continue reading Electricity Tariff Rises By 58% After N500bn Subsidy Suspension