The Nigerian Electricity Regulatory Commission (NERC) has directed state governments to either reflect the full wholesale cost of electricity in their tariffs or be prepared to provide subsidies to cover any shortfall.
This directive comes as NERC begins the process of handing over electricity re
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
