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Electricity Consumers Won’t Accept Tariff Hike – NLC

Electricity Consumers Won’t Accept Tariff Hike - NLC The Nigeria Labour Congress on Monday said consumers across the country would not comply with the payment of electricity bill should the Nigerian Electricity Regulatory Commission go ahead with the proposed increase in the tariff payable by...

Tariff Will Grow By 14% With New Power Policy – Discos

Tariff Will Grow By 14% With New Power Policy - Discos The Eligible Customer policy introduced by the Federal Government in the power sector will lead to a 14 per cent increase in the electricity tariff payable by residential consumers across the country, power distribution...

Frequent Electricity Tariff Hike Despite N123bn Bailout Is Injustice — Dogara

Frequent Electricity Tariff Hike Despite N123bn Bailout Is Injustice — Dogara   The Speaker of the House of Representatives, Mr Yakubu Dogara, said on Monday that the frequent hike in electricity tariff was injustice to Nigerians, who had become accustomed to living without regular power supply. He...

NERC Scrutinises Discos’ Capital Spends Before Tariff Review

NERC Scrutinises Discos’ Capital Spends Before Tariff Review   The Nigerian Electricity Regulatory Commission (NERC) would be taking a deeper look at how the 11 electricity distribution companies (Discos) have utilised the capital expenditure allowed for them in their respective existing tariffs before agreeing to sign...

Trump’s China Threat Shakes Stock, Oil markets

Trump’s China Threat Shakes Stock, Oil markets Crude oil and global equity markets tumbled last Friday after U.S. President Donald Trump upped the ante in a trade dispute with China, renewing investor jitters about the potential impact a tariff war would have on the world...