Fuel, Power, VAT Increments Due To Tariff Hike – DSTV       MultiChoice Group, owners of the DSTV, has blamed the recent hikes in its subscription tariffs on high cost of production, especially the increment of Valued Added Tax and poor power supply leading to provision of...

Discos Obey NERC, Begin 14-day Tariff Hike Suspension       Some power distribution companies are beginning to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the September 1, 2020 tariff increase. On Tuesday night, NERC issued an order suspending the hike in electricity tariffs...

Lawmakers Summon DSTV Over Tariff Hike     The House of Representatives has, again, summoned the management of DSTV over increment of the cable television’s subscription tariffs on June 1. The House Ad Hoc Committee Investigating the Non-Implementation of ‘Pay As You Go’ Tariff by Satellite Broadcast Service...

ABCON Calls For Suspension Of Taxes, Tariff Hike   Association of Bureaux De Change Operators of Nigeria (ABCON), has called on the Federal Government to suspend all increases in taxes and tariffs until the economy recovers from the impact of the COVID-19 pandemic. The Association made this...

Discos Lose N366bn To Tariff Hike Postponement   The postponement of the electricity tariff hike shift from April to June is estimated to have cost the 11 Distribution Companies (DisCos) about N366 billion in expected revenue. The Nigerian Electricity Regulatory Commission (NERC) which had planned to approve...

Electricity: Prepare For Tariff Hike, TCN Tells Nigerians   Nigerians should be prepared to pay cost-reflective electricity tariffs in order to enjoy the benefits of the liberalisation of the power sector, the government-owned Transmission Company of Nigeria has said. The Managing Director/Chief Executive Officer, TCN, Mr Usman...