States Slash Power Tariffs Amid GenCos, Discos Uproar Over Mounting Sector Debts

Amid mounting financial pressures and sectoral disagreements, several Nigerian states have initiated reductions in electricity tariffs, sparking a backlash from power generation and distribution stakeholders. The moves follow a new pricing directive issued by the Enugu Electricity Regulatory Commission (EERC) to MainPower Electricity Distribution Limited, which slashed the Band A electricity rate from ₦209 per … Continue reading States Slash Power Tariffs Amid GenCos, Discos Uproar Over Mounting Sector Debts