The Nigerian Electrical energy Regulatory Fee has confirmed the elimination of electrical energy subsidies by the Federal Authorities.
Addressing a information convention in Abuja, the Chairman of the Fee, Mr Sanusi Garba, mentioned the evaluation was carried out in keeping with multi-year tariff order that mandates that electrical energy tariff be reviewed each six months.
NERC’s affirmation comes because the nation continues to confront an power disaster amid petrol queues, rising diesel prices and nationwide grid collapses.
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Mr Garba mentioned it’s the obligation of electrical energy distribution firms to tell their clients of tariff evaluation outcomes and value of energy.
He blamed the poor state of electrical energy provide and grid collapses on vandalism of gasoline pipelines to energy crops, crops upkeep and a visit on the 330KV line from Ughelli energy plant.