Power distribution companies, on Sunday, denied reports of electricity tariff hike beginning from today, January 1, 2024
They said the Nigerian Electricity Regulatory Commission had not issued any directive for such.
It was reported on Sunday that power distribution companies were planning to hike electricity tariffs from January 1, 2024, a development that was neither confirmed by the NERC nor the Federal Ministry of Power.
But when contacted by The Punch to confirm the report, three Discos as well as officials from the NERC denied the report.
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