The Federal Government has, again increased electricity tariffs, this time by about 50 percent, despite the severe blackouts and power outages in the country. Announcing the development in an order copied all the Power Distribution companies (Discos), the Nigerian Electricity Regulatory Commission (NERC) said it was embarking on the hike considering the changes in inflation rate, foreign exchange, generation capacity and gas prices, among others. The latest increase comes about four months after the last one, which was sternly but unsuccessfully opposed by organised labour, prompting a temporary suspension, which…
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Consumers to get refund for meter payment, says NERC
The Federal Government has said that electricity consumers who paid for meters under the Meter Asset Provider (MAP) scheme, will have a refund of their money. This disclosure was made by the Nigerian Electricity Regulatory Commission (NERC), in an email statement, through its Head Public Affairs, Michael Faloseyi, on Wednesday. This clarification is coming on the heels of the recent government’s pronouncement that 6 million meters would be distributed at no cost to customers under the National Mass Metering Programme (NMMP). The Commission said, “All customers who made payment for…
Read MoreFree electricity meters: Nationwide distribution commences – FG
Targets 30 million consumers Payment of new electricity tariffs resumes next week The Federal Government has commenced nationwide distribution of free electricity meters, under the National Mass Metering Programme (NMMP) to Nigerians. The NMMP initiative is expected to, and would ensure, distribution of free electricity meters to 30 million Nigerians, with simultaneous launch events of the scheme in Kano, Kaduna, Eko and Ikeja DisCos’ franchise areas. The scheme would roll out six million meters for all connections points on the grid without meters over the next 18 to 24 months,…
Read MoreFG extends suspension of electricity tariffs by another one week
The Federal Government has extended suspension of electricity tariffs by another one week. The decision was taken on Sunday in Abuja at the resumed negotiation between the Federal Government and Labour. The negotiation committee is scheduled to meet over the next 60-90 days to resolve other outstanding issues. The revised Terms of Reference (ToR) for the second phase includes review inputs to the MYTO model and ensure the assumptions and factors for the model are correct and accurate. This will also include clarifications on the reasons for variance in electricity…
Read MoreNERC orders DisCos to suspend new electricity tariffs for two weeks
The Nigerian Electricity Regulatory Commission (NERC) has ordered distribution companies to suspend the implementation of the new tariffs which was introduced on the 1st of September. This means for the next two weeks, Nigerians will be paying the exact tariff they paid for electricity about four weeks ago. This is one of the agreements the federal government reached with organised labour on Monday to suspend the nationwide strike and protest planned by the unions. According to the tariff suspension order signed by the Chairman of the commission, James Momoh, and…
Read MoreNew electricity tariff: NLC moves to mobilise workers to resist increase
The Nigeria Labour Congress (NLC) has urged the Nigeria Electricity Regulatory Commission (NERC) to take a decisive action on the plan by DISCOs to hike electricity tariff in the country. Ayuba Wabba, the NLC President, on Tuesday in Abuja made the call in a statement titled: “Increase in Electricity Tariff by Abuja DISCOs – a taunting of the will of the Nigerian people gone too far.” Wabba said the organised labour would mobilise Nigerian workers to resist the increase in electricity tariff by the Abuja Electricity Distribution Company (AEDC), effective…
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