Nigeria, July 25 -- Electricity Distribution Companies (DisCos) have reported mounting pressure to reduce electricity tariffs in other states after the Enugu State Electricity Regulatory Commission (EERC) implemented a tariff cut for Band A customers.

Barr. Sunday Oduntan, the MD/CEO of the Association of Nigerian Electricity Distributors (ANED), expressed concerns about the impact of this decision on the broader market.

In a statement released on Thursday, Oduntan highlighted the lack of coordination with the Nigerian Electricity Regulatory Commission (NERC) and other stakeholders, raising alarms about the potential instability and liquidity issues within the Nigerian Electricity Supply Industry (NESI).

"Since the Tariff Order by EERC...