General, Government Policies & Politics

NERC To Suspend Increase In Electricity Tariff

senate

 

The 8th has directed the Nigerian Electricity Regulatory Commission (), the ministry of power and electricity distribution companies to immediately suspend the February 1st, 2016 tariff hikes, which are estimated to be upwards of 40 per cent.

”This move is necessary because any increase in cost, without the necessary improvement in service delivery by the power companies is unacceptable,” the president said.”
”Furthermore, the power distribution companies must work to ensure that every establishment in Nigeria is provided with capabilities for metered billing. Doing this would end the sharp practice of arbitrary billing, which estimates the power consumption of Nigerians in the generation of their monthly bills.”

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