The Nigerian Electricity Regulatory Commission (NERC) has introduced the 2024 Tariff Review Regulations, a pivotal move towards transparency, efficiency, and sustainability in electricity pricing. These regulations aim to balance cost recovery for licensees while ensuring consumer protection and fair pricing….
Mar 05, 2025
Energy Team
The Nigerian Electricity Regulatory Commission (NERC) has introduced the 2024 Tariff Review Regulations, a pivotal move towards transparency, efficiency, and sustainability in electricity pricing. These regulations aim to balance cost recovery for licensees while ensuring consumer protection and fair pricing. With clear guidelines for monthly, major, and extraordinary tariff reviews, this framework seeks to enhance investor confidence and reduce dependency on government subsidies.
