NERC Introduces New Tariff - MYTO 2.1

The Chairman Nigerian Electricity Regulatory Commission (NERC) Dr Sam Amadi, on the 3rd December, 2014 announced that the commission has approved an upward review of Multi Year Tariff Order (MYTO) 2.1 regime. The new increase in tariff for all customers takes effect on the 1st of January, 2015 except Residential R2 customers, which will take effect on 1st of July, 2015.