Power Firms Quietly Slap Customers With Tariff Hike

Electricity distribution companies (DisCos) in Nigeria have quietly increased tariffs by as much as 18.5 percent, with effect from December 1, 2022, leaving customers confused.
BusinessDay findings showed that the two Discos in Lagos, Eko Electricity Distribution Company and Ikeja Electric, have hiked tariffs, with electricity bills being sent out to postpaid consumers.
The Magodo Residents Association (MRA) sent a message a few days ago to its members notifying them of an increase of over 17 percent in tariff.
“It has come to our attention that Ikeja Electric effected an increase to the cost of tariff under the year review by the Nigerian Electricity Regulatory Commission,” the association’s publicity secretary said in a message seen by BusinessDay.
*Power generation crashes by 990MW, Gencos lose N1.8tn*
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