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Indications emerged on Thursday that the planned July 1, 2021 review of the various electricity tariffs in Nigeria had been stalled following concerns around low power generation by the sector

todayJuly 2, 2021 9

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Indications emerged on Thursday that the planned July 1, 2021 review of the various electricity tariffs in Nigeria had been stalled following concerns around low power generation by the sector.

It was gathered that gas constraints to gas-fired power generation plants and the reduced water level needed by hydropower stations had impacted negatively on electricity generation in the past three months.

Industry officials from the Federal Ministry of Power, Nigerian Electricity Regulatory Commission, as well as power generation and distribution companies told reporters that the highlighted issues stalled the proposed review of tariffs by the NERC.

In April, NERC announced that there would be a review of tariffs for Nigeria’s 11 power distribution companies in July.

Written by: EaglesFM

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