Atiku rejects new electricity tariff, says it’s ill-timed
Former Vice President, Atiku Abubakar, has opposed the upward review of electricity tariff in the country. President Muhammadu Buhari approved the implementation of the cost-reflective electricity tariff for the Nigerian Electricity Supply Industry, NESI, in August. The new tariff regime, which kicked off on Tuesday, September 1, 2020, has drawn the ire of Nigerians who […]
Govt should explain to Nigerians electricity tariff hike — Actionaid
Says FG should retrieve decision By Gabriel Ewepu – Abuja A humanitarian organization that fights social injustice, ActionAid Nigeria, Sunday, called on the Federal Government to explain to Nigerians the approved electricity tariff increase. This was stated by the Country Director, ActionAid Nigeria, Ene Obi while reacting in a telephone chat with Vanguard over the […]
NERC approves increase in electricity tariff
The Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff by the 11 Electricity Distribution Companies (DisCos) in the country. The directive on the new tariff regime for different DisCos and the category of customers was published on the NERC website on Saturday. The directive was signed by the Commission’s Chairman, Prof. James […]
Increase in VAT from 5% to 7.5%, electricity tariff, proposed communications tax is ridiculous
THE Action Democratic Party, ADP, Friday took a swipe at the Federal Government, describing as ridiculous and totally unacceptable, the increase of Value Added Tax, VAT from 5% to 7.5%, electricity tariff and proposed communications tax.
Zimbabwe increases electricity tariff by 320% amid blackouts
Zimbabwe has raised its average electricity tariff by 320 per cent to ramp up power supplies at a time of daily blackouts but the move will likely anger consumers already grappling with soaring inflation and stagnant wages. The southern African country is experiencing its worst economic crisis in 10 years, seen in triple-digit inflation, 18-hour […]
Unending clamour for electricity tariff increase
NIGERIANS are inundated from time to time by media reports of impending electricity tariff review to the extent that the National Assembly has had cause to invite the Minister of Works, Housing and Power to defend the purported move. Periodic tariff review is an essential part of the Electric Power Sector Reform Act 2005 which empowers the Nigerian Electricity Regulatory Commission to determine tariffs for the principal players in the sector.
