Tag: tariff

Nigerians to Enjoy Lower Electricity Tariffs Under New Act   The new Chairman of the Nigerian Electricity Regulatory Commission (NERC) Abdullahi Ramat, has revealed that schools, hospitals and low-income Nigerians will benefit from a tariff relief package under the Electricity Act 2023. This was as he made...

The Federal Government of Nigeria has finally responded to the recent imposition of a 14% tariff on Nigerian exports by the United States.

Telecom Tariff Hikes: Should Load Shedding Be an Option? By Zekeri Idakwo Laruba   There are three basic needs for human survival: food, shelter, and clothing. However, as society progresses and technology evolves, our needs expand beyond these essentials. Today, electricity and telecommunications services have become...

Tariff Hike: Telcos Warn of Imminent Shutdown   Nigerian telecom operators have issued a stark warning, cautioning that a delay in reviewing tariffs beyond the first quarter of 2025 could have severe repercussions, including undermining the sector's growth prospects, destabilizing operations, and diminishing its economic contributions. For the...

Amidst Hike in Tariff, Power Generation Crashes to 3,383MW The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in power supply as on-grid generation fell to 3,383 Mega Watts as at 3pm yesterday. According to the...

Electricity: Tinubu Stops Tariff Hike, Insists on Subsidy   President Bola Tinubu recently stopped the implementation of a hike in electricity tariff and insisted that subsidy be paid on power consumed nationwide, the Minister of Power, Adebayo Adelabu, revealed on Wednesday. Adelabu also stated that the Federal...