IBEDC Expresses Waiting for NERC’s Directive on Electricity Tariff Increase
IBEDC, the Ibadan Electricity Distribution Company, has confirmed that the Nigerian Electricity Regulatory Commission (NERC) is yet to issue a directive on the proposed new electricity tariff, which was originally scheduled to take effect on July 1. The announcement of the new tariff has faced strong opposition from various stakeholders, who argue that the timing…