Electricity consumers in Nigeria will henceforth pay almost double their current charges, even as they will no longer pay a fixed charge of N750 per month.
The hike is the last announcement made by the board of the Nigerian Electricuty Regulatory Agency, NERC, led by Dr Sam Amadi 9executive chairman) whose tenure expires today.
Most Nigerian consumers of electricity pay arbitrarily fixed charges, as only a few use prepaid metering system.