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Lawmakers Reject DisCos’ Planned Electricity Tariff Hike

Lawmakers Reject DisCos' Planned Electricity Tariff Hike The House of Representatives, yesterday, rejected plans by the Distribution Companies (DISCOs) to increase electricity tariff in the country. It also resolved to set up an adhoc committee to determine the legality of the Excess Crude Account and also...

More Multinational Companies May Exit Over Electricity Tariff – MAN

More Multinational Companies May Exit Over Electricity Tariff - MAN   The Manufacturers Association of Nigeria (MAN) has warned that implementation of the proposed hike in electricity tariff by power distribution companies may force more multinational companies to relocate their factories outside Nigeria. President of MAN, Francis...

Electricity Consumers Demand New Tariff Reversal

Electricity Consumers Demand New Tariff Reversal   The recent increase in electricity tariff by power distribution companies, as approved by the Nigerian Electricity Regulatory Commission, shows that the Federal Government and Discos are taking Nigerians for granted, power sector experts and consumer groups have said. Speaking on...

Electricity Consumers Await Revised Tariff Today

Electricity Consumers Await Revised Tariff Today       Electricity consumers are expecting a new tariff decision today that will be active for the next six months barring changes by the Nigerian Electricity Regulatory Commission (NERC). NERC had in April 2021 announced that it was reviewing the Multi Year...

Reps Direct NERC To Halt Electricity Tariff Hike

Reps Direct NERC To Halt Electricity Tariff Hike       The House of Representatives has asked the Federal Government to direct the Nigerian Electricity Regulatory Commission (NERC) to halt with immediate effect, the proposed increase in electricity tariff scheduled to take effect from June 2021. Adopting a motion...

No Electricity Tariff Increase, Says Power Minister

No Electricity Tariff Increase, Says Power Minister     At the backdrop of rumors of possible hike in electricity tariff, the Minister of Power, Engr. Sale Mamman, has indicated that the ministry is focusing on increased efficiency and not tariff. In a statement made available to Economic Confidential...