By Eyo Nsima

The Nigerian Electricity Regulatory Commission, NERC, has directed the Electricity Distribution Companies, DisCos, to start the collection of Service Based Tariff, SBT, from September his year.
This will increase the tariff by over 50 per cent in the country.

However, in a message to its customers, obtained by The Daily, www.thedaily-ng.com, the General Manager, Loss Reduction, Olumide Anthony-Jerome, Eko Electricity Distribution Company, stated: “This is to officially notify you that there will be an increase in electricity tariff with effect from 1st September 2021. This increase is a result of a nationwide mandate to implement the Service-Based Tariff approved by our regulator NERC.

“Kindly note that, the increase will be reflected on the energy bill for October 2021 which will represent energy consumption for September 2020. In addition, for our metered customers with internal vending arraignments, we urge you to adjust the rates accordingly to reflect the new tariff increase as released by NERC.”