• June 19, 2021

NERC Bows To Pressure, Suspends Hike In Electricity Tariff

By Lucky Uwakina (AGENDAWATCHDOG) – The counry’s 11 Electricity Distribution Companies (DISCOs) were on Wednesday directed to suspend the Sept. 1 new tariff by the Nigerian Electricity Regulatory Commission (NERC).

The 14-day suspension order was signed by Prof James Momoh, NERC’s Chairman, and published on its official website on Wednesday, following a joint communique issued by the Federal Government and the labour unions. The order by NERC said that from Sept 28 to Oct 11, the DisCos must revert all charges to the tariff existing as of Aug 31.

“This means that for the next two weeks, electricity consumers having power above 12 hours who were affected by the over 100 per cent tariff hike would revert to their old charges,” it said.

The suspension order is sequel to a directive by the Federal Government to give room for further discussions with stakeholders on the tariff.

Agenda Watchdog

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