Contrary to reports of plans by the Nigerian Electricity Regulatory Commission, NERC, to introduce a new electricity tariff that would see increased cost for power consumption with effect from the beginning of this month, the commission says the plan has not been concluded and that there is no decision yet on the matter. Describing reports on the plan as media speculation, Chairman of NERC, Dr. Sam Amadi, said the commission was only reviewing new proposals from electricity distribution companies or Discos for increase in the retail rates they charge to consumers. The retail rates, which covers a 10-year period, is being reviewed by NERC’s technical team to ascertain the authenticity of their details, Amadi stated.