June 26, (THEWILL) – The Abuja Electricity Distribution Company (AEDC), on Monday, said the Nigerian Electricity Regulatory Commission (NERC), was yet to approve the planned 40% hike in electricity tariff.
The company, in a public service announcement on Sunday night, said it would increase its tariff effective from 1st July, 2023, because of the fluctuation of the naira in the exchange rate market.
However, in a public announcement to its customers on Monday, AEDC urged its customers to disregard the previous announcement of an upward tariff review.
It said, “Please disregard the communication circulating in the media regarding the review of electricity tariffs.
“Be informed that no approval for such an increment has been received. We regret any inconvenience.”
