Experts have faulted the reviewed Multi-Year Tariff Order (MYTO) by the Nigerian Electricity Regulatory Commission (NERC), with the development still generating dust and debate among stakeholders in the electricity industry. The conversation, which centres on poor metering exercise in the sector, further exposes weak capitalisation and underinvestment which have left a yawning gap in the provision of basic infrastructure in the country’s Nigerian Electricity Supply Industry (NESI). NERCs new order to the 11 distribution companies pushed tariffs up by double of what consumers were paying even though for the year 2024, the federal government said it would bear the burden for end-users. While the government is taking up the N1.6 trillion burden, the Nigerian Bulk Electricity Trading company’s budget in the 2024 appropriations only showed a subsidy plan of N450 billion, which means that the government may have to raise the funding locally or from the international market amidst...