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Breaking: FG orders DisCos to suspend electricity tariff hike + Full order

The Eagle Online by The Eagle Online
September 29, 2020
in Business, Economy, Featured
1 min read
0
Court reverses increase in electricity tariff by NERC
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The Federal Government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff.

The Nigerian Electricity Regulatory Commission issued the order on Tuesday night.

This followed an agreement reached by the Federal Government and Organised Labour for the suspension of the hike in tariff for 14 days.

According to the NERC, the tariff suspension will be from September 28, 2020 to October 2, 2020.

The Order, No. NERC/209/2020, with the title: “NERC Order on suspension of the Multi Year Tariff Order 2020 for the electricity distribution licensees,” was signed by the NERC Chairman, James Momoh; and the Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, and addressed to the country’s DisCos.

NERC+Order+for+the+suspension+of+MYTO+2020+(Service+Based+Tariff)

Tags: Dafe Akpeneyeelectricity Distribution CompaniesJames MomohNigerian Electricity Regulatory CommissionOrganised labour
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