x

BREAKING: FG directs reversal of electricity tariff adjustment

The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies (DISCOs) to revert to tariffs that were applicable in December 2020.

Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a statement in Abuja, on Thursday.

He said that the reversal to the old tariff was to promote a constructive conclusion of the dialogue with the Labour Centres (through the Joint Ad-Hoc Committee)

“I have directed NERC to inform all DISCOs that they should revert to the tariffs that were applicable in December 2020 until the end of January 2021 when the FGN and Labour committee work will be concluded.

This will allow for the outcome of all resolutions from the Committee to be implemented together,” he said.

The minister spoke against the backdrop of the report that electricity tariff had been increased by 50 per cent.

“I would like to affirm that these reports are inaccurate and false. It is unfortunate that these reports have led to confusion with the public.

“On the contrary, the Government continues to fully subsidise 55 per cent of on-grid consumers in bands D and E and maintain the lifeline tariff for the poor and underprivileged.

Hot this week

New tax regime: Separating facts from fiction

Nigeria’s tax system is set for a major overhaul...

Venezuela: Ex-INEC official urges Nigerians to rethink calls for Trump’s protection

A former National Commissioner of the Independent National Electoral...

Kaduna Grain Farmers Seek Federal Subsidy After N10.16bn Loss in 2025 Maize Season

By Achadu Gabriel, KadunaA group of 2,143 maize farmers...

Related Articles

Popular Categories

spot_imgspot_img