Nigeria Electricity Regulatory Commission Orders Suspension Of Electricity Tariff Hike For 14 Days
Nigeria Electricity Regulatory Commission Orders Suspension Of Electricity Tariff Hike For 14 Days
Nigeria Electricity Regulatory Commission Orders Suspension Of Electricity Tariff Hike For 14 Days
Nigeria Electricity Regulatory Commission Orders Suspension Of Electricity Tariff Hike For 14 Days

Nigeria Electricity Regulatory Commission Orders Suspension Of Electricity Tariff Hike For 14 Days

Nigeria Labour unions and the Federal Government had reached  on an agreement on Sunday night to reverse the hike in electricity tariffs for 14 days.

The Power distributors on Monday and earlier on Tuesday Made a speech saying  that no order concerning the matter had been received from the regulator.

The commission had also confirmed earlier in the day that an order might come from the regulator on Tuesday night.

Finally The regulator issued the Order  No. NERC/209/2020 around 10.30 pm on Tuesday, with the title, “NERC Order on suspension of the Multi Year Tariff Order 2020 for the electricity distribution licensees, Which The NERC Chairman, James Momoh, and the Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, signed the order.

The comission mad it so clear that This order shall take effect as from 28th September 2020 and shall cease to have effect on the 11th October 2020.

The commission had approved a new tariff for power distributors that took effect from September 1, 2020 but this was resisted by labour unions and most power users.

OCONEWS UPDATE!!!!!

LEAVE A REPLY