The Senate on Tuesday asked the Federal Government to subsidise electricity for Nigerians in a bid to alleviate the proposed hike in electricity tariff which had been deferred to next year. Chairman Senate Committee on Power, Sen. Gabriel Suswam made the call while briefing newsmen in Abuja. NAN reports that the leadership of the National […]

….As companies vow to implement new tariff regime effective July 1, 2020 By Chris Ochayi ABUJA: The Electricity Distribution Companies, DISCOs, said Sunday that they have resolved to continue with the implementations of the upward review of the electricity tariff slated to take off  on July 1, 2020, despite unusual silence  from the Nigerian Electricity […]

Nigeria’s annual inflation rate rose for the ninth consecutive months to 12.4 percent in May from 12.34 percent in April, the highest in  25 months, with analysts projecting that the upward trend will persist, driven by commencement of the new electricity tariff and Value Added Tax (VAT) as well as the new planting season.

THE Federal Government told the Senate Tuesday that the new increment on electricity tariff would take off next month, July.

By Victor Young United Labour Congress of Nigeria, ULC, has commended the Federal Government over suspension of plans by Nigeria Electricity Regulatory Commission, NERC, to hike electricity tariff from April 1. The union said a hike would have worsened the poverty level and social tension in the country. ULC, in a statement by its President, […]

ABUJA — THE Minister of Power, Engr. Saleh Mamman, has explained that the suspension of take-off of the  new electricity tariff hike till next three months was in line with President’ Muhammadu Buhari’s announcement of March 29 granting a moratorium for certain Federal Government’s funded facilities to the Nigerian public.

…Describes the plan as an expression of insensitivity By Johnbosco Agbakwuru, Abuja The Nigerian Labour Congress, NLC, has warned the Nigeria Electricity Regulatory Commission, NERC, not to go ahead with the planned increase in electricity tariff from April 1, 2020. The organised labour said it would be an act of insensitivity on the part of […]

The Ibadan Electricity Distribution Company (IBEDC) on Wednesday urged its customers in Ogun to support its planed upward review of tariff. The Chief Commercial Officer of IBEDC, Mr Deolu Ijose, at a stakeholders meeting in Abeokuta, said the proposed tariff regime was to enable the company improve its services to customers. Ijose said the proposed […]

The latest hike in power tariff has attracted comments from many persons and organisations. In this interview with UDEME AKPAN, the National Secretary, Nigeria Electricity Consumers Advocacy Network, NECAN, Mr. Uket Obonga, said the tariff should not be allowed, as it could lead to closure of businesses, unemployment and loss of revenue in Nigeria.

The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on January 3 has no immediate impact on end-user tariffs. Mr Usman Arabi, NERC’s General Manager Public Affairs Department, made this known in a statement in Abuja. Arabi said the order was to establish impact of the exogenous macroeconomic parameters […]