Electricity tariff increase will reduce subsidies by N1.14 trillion in 2024 – NERC

The Nigerian Electricity Regulatory Commission (NERC) says the newly approved tariff is expected to reduce subsidies for the 2024 fiscal year by about N1.14 trillion. The Vice Chairman of NERC, Musliu Oseni, said this in a statement in Abuja on Wednesday. ”With the newly approved tariffs, subsidies for the 2024 fiscal year are expected to reduce by […] The post Electricity tariff increase will reduce subsidies by N1.14 trillion in 2024 – NERC appeared first on New Mail Nigeria.

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