After sending shockwaves through the country with notices of planned hike in electricity tariffs from 1st July, distribution companies appear to be backtracking with a notice from the Abuja Electricity …
Tariff
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Upward review of electricity tariff coming as NERC considers appraisal for 11 DisCos
by editorby editorThe stage appears set for an upward review of electricity tariff following the release Monday of indications by the Nigerian Electricity Regulatory Commission (NERC) that it is concluding the Extraordinary …
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FG directs reversal of electricity tariff adjustment January 7, 2021 The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution …
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BusinessNews
Nigerians get ‘painful’ New Year Gift as FG Hikes Electricity Tariff Again
by editorby editorWith Nigerians still reeling from spiralling inflation, a ‘dry’ Christmas and new year celebrations, preparing to pay children’s school fees, and hiding from the second wave of Covid-19 pandemic, the …
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News
‘Mother of all strikes’ returns to sleep as Labour strike is suspended in a win one, lose one deal
by editorby editorNigerians are waking up with measured relief Monday to find out that the ‘mother of all strikes’ by Organised Labour, has been suspended. The Federal Government managed to keep its …
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BusinessFeaturesNews
To be or not to be: NERC holds public hearing on electricity tariff hike, after TCN boss says it is inevitable
by editorby editorLess than a week after Mr Usman Mohammed, Managing Director, Transmission Company of Nigeria (TCN) said that consumers should be prepared to pay more for electricity in order to ensure …
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BusinessNews
NERC justifies “minor review” in electricity tariff; court orders status quo maintained
by editorby editorThe Nigerian Electricity Regulatory Commission (NERC) has explained why it approved an increase in tariff, arguing that it considered economic factors to arrive at what it said was a minor …
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BusinessNews
NERC says new electricity tariff not taking off yet; Discos set April date
by editorby editorThe Nigerian Electricity Regulatory Commission (NERC) has said the new electricity tariff it announced last week will not take immediate effect, but the power distribution companies have set April 1 …
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The Nigeria Electricity Regulatory Commission (NERC) on Saturday announced the immediate review of electricity tariffs in the country from January 1. The order was issued to the 11 electricity distribution …