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Global Tensions, Tariffs May Impact Nigeria’s Economic Outlook – Cardoso

Global Tensions, Tariffs May Impact Nigeria's Economic Outlook - Cardoso   The Central Bank of Nigeria (CBN) has expressed concerns about the impact of global economic risks on Nigeria's economy. Speaking after the bank's 299th Monetary Policy Committee (MPC) meeting in Abuja on Thursday, the CBN Governor,...

Frustration Mounts As Discos Consider 40% Electricity Tariffs Hike

Frustration Mounts As Discos Consider 40% Electricity Tariffs Hike   Speculations of plans to raise electricity tariffs up by 40 percent barely a few weeks after the removal of the petrol subsidy have triggered anger among customers. While it is mandatory for electricity distribution companies to regularly...

FG Says New Taxes, Tariffs May Be Imposed Soon

FG Says New Taxes, Tariffs May Be Imposed Soon     The Federal Government has indicated the possibility of introducing new taxes, tariffs and levies as part of measures to shore up its revenue. This is just as the Federal Ministry of Finance, Budget and National Planning has...

New Electricity Tariffs Effective July – Power Minister

New Electricity Tariffs Effective July - Power Minister     The Minister of Power, Sale Mamman, has insisted that the new increment on electricity tariff would take off in July. He stated this on Tuesday at the Investigative Public Hearing on Power Sector Recovery Plan and the impact...

New Investments Key To Call, Data Tariffs’ Reduction – Telcos

New Investments Key To Call, Data Tariffs’ Reduction – Telcos     Apparently reacting to the federal government and millions of subscribers’ calls for downward review of data and voice calls’ tariffs, the telecom companies have said the current tariffs could only be slashed if more investments are...

Ikeja Disco To Up Tariffs By 50% From April 1

Ikeja Disco To Up Tariffs By 50% From April 1   Ikeja Electric Plc says its tariffs will go up by 50 per cent beginning from April. The Disco disclosed this in a letter to Nigerian Electricity Regulatory Commission dated February 12, 2020 on its performance and...