The House of Representatives has urged the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.
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“This decision blatantly disregards the economic struggles of Nigerian workers, especially considering the uncertain minimum wage situation.”
They wrote to us and said they want a new tariff because dollar has changed and so on and so forth. For a week in the whole of July of last year, we held rate case hearings which is in line with international best practices. We invited consumers to discuss the proposal by the DisCos.
The problem is that everybody in this country knows this is a lie and no sector of society regularly gets a minimum of 20 hours of electricity a day. You cannot build a new policy on lies and such a huge increase of tariff in the middle of the most severe cost of living crisis in Nigerian history cannot stand. The new tariff is also aimed at eliminating annual electricity subsidies of NGN1.14 trillion we are told.
Some power experts have expressed their dissatisfaction with the 300 percent increase in electricity tariffs approved by the Nigerian Electricity…
The Nigerian Electricity Regulatory Commission (NERC) has approved an increase in electricity tariff paid by Band A customers from N68/KWh to N225KWh.
The Electricity Distribution Companies (DisCos)’s unwillingness to offtake available 4,724.76MW power in January and February 2024, left the Generating Companies…
Following foreign exchange (FOREX) determinants, the Nigerian Electricity Regulatory Commission (NERC) is currently planning to increase the price of prepaid meters.
The Ibadan Electricity Distribution Company (IBEDC) has said that Nigerian Electricity Regulation Commission (NERC) has yet to give a directive on the new electricity tariff earlier scheduled to commence on July 1.
The Kaduna Electricity Distribution Company (KAEDCO) is poised to lose its operating license if it fails to effect over N51 billion energy underpayment, the Nigerian Electricity Regulatory Commission (NERC) has warned.
