NERC approved downward review of electricity tariff for Band A customers

The Nigerian Electricity Regulatory Commission has mandated a 6 percent cap on power supply to Benin Republic, Niger, and Togo by the Transmission Company of Nigeria.
This directive was outlined in a recent document titled ‘Interim Order on Transmission System Dispatch Operations, Cross-border Supply, and Related Matters,’ signed by Sanusi Garba and Musiliu Oseni.
Effective from May 1, 2024, this directive will last for six months and is open to review.
Nigeria currently exports electricity to neighboring countries, but the new order limits this to six percent of the total grid electricity at any given time.
The aim is to regulate cross-border electricity transactions and ensure fair allocation domestically and to neighboring nations.