Electricity Distribution Companies have stated that tariff will increase from July 1, 2023. In statements sent to respective consumers last night, the DisCos stated that the review was due to the fluctuation of the naira in the exchange rate market. This statements which were worded in similar fashion included that of Abuja DisCo, Eko DisCo and Ikeja Disco. “Effective July 1st 2023, please be informed that there will be an upward review to the electricity tariff influenced by the fluctuating exchange rate.” “Under the MYTO 2022 guidelines, the previously set…
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