Don’t revert to service reflective tariff, NERC orders Discos

Don’t revert to service reflective tariff, NERC orders DiscosThe Nigerian Electricity Regulatory Commission on Monday said it had directed power distribution companies not to revert to the September 1 service reflective tariff.

Chairman of the commission, James Momoh, said Discos had been asked to abide by the latest directive from the Federal Government which suspended the implementation of the new electricity tariffs for one more week.

The government had earlier on September 28 postponed the take-off date of the tariffs by two weeks after it held a meeting with the organised labour, which was opposed to the hikes in petrol and electricity prices.

But on Sunday during a meeting between the Federal Government team led by the Secretary to the Government of the Federation, Boss Mustapha, and the leadership of the Nigeria Labour Congress and the Trade Union Congress, a new decision to further suspend the tariff for one more week was reached.

Momoh said the earlier two-week suspension order elapsed at midnight on October 11 but noted that the commission asked the Discos to obey the latest decision.

“We have communicated that decision to the Discos without writing a new order,” he told our correspondent in Abuja.

“We are extending that two weeks that was over by midnight yesterday (Monday) and we have told the Discos not to switch back to anything, rather they should stay action for the next one week,” he added.

Momoh also stated that a meeting would hold on Tuesday (today) at the headquarters of the commission on the matter and how to manage the development in the sector.

Check Also

Nigeria Recorded 7% Growth In Oil Earnings In 2022

Oil Earnings Rise By N450bn In Two Months, Says FG

Crude oil earnings by the Federal Government increased by about N449.93bn in the months of …

Leave a Reply

Your email address will not be published. Required fields are marked *

× Get News Alert