The Nigerian Electricity Regulatory Commission (NERC) has extended increase in tariff for residential consumers to June 2015 while charges for other classes of consumers took effect from January 1, 2015.
Addressing a news conference in Abuja, Chairman of NERC, Dr Sam Amadi, said that the freeze in charges for residential consumers who constitute about 80 per cent of the electricity consumers is aimed at promoting the interest of consumers as well as stimulate operators to serve consumers better.
Dr Amadi also expressed worries over the rate of meter deployment by electricity distribution companies in spite of the credited advancement payment initiatives.
