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BREAKING: Federal Government Orders Suspension Of Increased Electricity Tariff

Tgmedia by Tgmedia
September 30, 2020
in Breaking, Business
0

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BREAKING: Federal Government Orders Suspension Of Increased Electricity Tariff––Following the agreement reached by the Federal Government and Organised Labour of the hike in tariff for 14 days, President Buari-led government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff.

The Genius Media Nigeria report that the Nigerian Electricity Regulatory Commission issued the order on Tuesday night.

BREAKING: Federal Government Orders Suspension Of Increased Electricity TariffAccording 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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