UTILITIES CHARGES COMMISSION ACT

Section 10: Principles to be considered

1992Section 10 of 20Federal Republic of Nigeria

The Commission in fixing any rate or coming to a decision shall consider-(a) the broad principles relating to costs, the need to eliminate waste and ensure that consumers are not made to absorb avoidable costs; and
(b) the rate of return on capital invested by a Scheduled Utility.

Cite this section

Section 10, UTILITIES CHARGES COMMISSION ACT (1992).

https://repo.podus.ai/laws/utilities-charges-commission-act/section/10/