- The Nigerian Electricity Regulatory Commission has instructed electricity companies to slash their rates for Band A customers
- The new tariff is expected to be implemented by AEDC, PHEDC, and EEDC, among others, including Ikeja Electric
- The decision to slash electricity rates will come as good news for Nigerians already stretched by the cost of living
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Nigerian Electricity Regulatory Commission (NERC) has approved a new electricity tariff for customers under the Band A category for all distribution companies (DisCos) in the country.