Vanguard News FG to effect minor electricity tariff hike by July 1 On By Obas Esiedesa Despite the improving revenue in the power sector, the federal government is set to effect another tariff increase on July 1, following a notice by the Nigeria Electricity Regulatory Commission, NERC, to that effect. The government’s latest move which is part of the half-yearly review of the Multi-Year Tariff Order, MYTO, has been backed by a recent report by the World Bank that every Nigerian pays less for electricity than what it costs to supply electricity to them. The World Bank in its Power Sector Recovery Programme, PSRP, Fact Sheet noted that the government has over the years paid the difference because it wants to help poor families pay their bills.