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The Nigerian Electricity Regulatory Commission, NERC, has said that its new electricity tariff will affect only 15 per cent of its customers. DAILY POST reports that the increase as announced on Thursday means that prices have gone from N68 to N225 per kilowatt hour which takes immediate effect. Musiliu Oseni, the Vice Chairman of the Market Competition Rate, made the announcement during a press briefing on Wednesday. Oseni said, “The Commission has approved a rate review of N225 per kilowatt hour for just under 15% of the customer population in NERC. So that means that less than 15% of the cu…

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