FG Orders DisCos To Suspend Electricity Tariff Hike~NEWSEXTRA - NEWS EXTRA ONLINE

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Wednesday, 30 September 2020

FG Orders DisCos To Suspend Electricity Tariff Hike~NEWSEXTRA




The Federal Government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff.

The Nigerian Electricity Regulatory Commission (NERC) issued the order on Tuesday night.

This followed an agreement reached by the Federal Government and Organised Labour for the suspension of the hike in tariff for 14 days.

According to the NERC, the tariff suspension will be from September 28, 2020 to October 2, 2020.

The Order, No. NERC/209/2020, with the title: “NERC Order on suspension of the Multi Year Tariff Order 2020 for the electricity distribution licensees,” was signed by the NERC Chairman, James Momoh; and the Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, and addressed to the country’s DisCos.

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