Electricity distribution companies, on Monday, backtracked on their earlier announcement of a tariff hike projected to take effect from July 1, 2023, as they stated that the Nigerian Electricity Regulatory Commission had yet to approve the hike.

Various public notices from some of the Discos seen on Sunday had stated that the electricity tariff would be raised by about 30 to 40 per cent for selected categories of consumers on July 1, 2023.

Officials at the NERC confirmed that the regulator had not given the Discos approval to announce the hike in tariffs.