Electricity

Electricity: Former MAN chairman kicks against tariff increase

Electricity: Former MAN chairman kicks against tariff increase

The former chairman, Manufacturers Association of Nigeria (MAN), Ogun Chapter, Mr Wale Adegbite on Wednesday faulted the new increment in electricity tariff in the country. Adegbite told the News Agency of Nigeria (NAN) in Ota, Ogun that the tariff increase was not justifiable. NAN reports that the new electricity tariff by Electricity Distribution Companies (DisCos) […]
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Nigerians will pay for electricity if service is better ― Osinbajo

Nigerians will pay for electricity if service is better ― Osinbajo

…How FG will spend more on health with stimulus package Vice President Yemi Osinbajo says Nigerians are willing to pay for electricity if the services they receive from the distribution companies are constant and better. Speaking during a webinar on Economic Sustainability Beyond COVID-19 organised by Emmanuel Chapel, the Vice President said it is not […]

Rainy season: EKEDC cautions customers

Rainy season: EKEDC cautions customers

Eko Electricity Distribution Company (EKEDC) on Thursday urged its customers to observe all safety tips and advisory during the rainy season to avoid the risk of electrocution and other related hazards.

New electricity tariff, VAT rate to sustain upward pressure on prices

New electricity tariff, VAT rate to sustain upward pressure on prices

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.