BREAKING NEWS: FG orders suspension of adjusted electricity tariff

The Federal Government has directed the Nigerian Electricity Regulatory Fee to droop the not too long ago adjusted electricity tariff.

The Minister of Energy, Sale Mamman, made the announcement in an announcement on Thursday.

He mentioned a committee has been set as much as work on the brand new electricity tariffs and ought to be allowed to finish its work earlier than any changes.

Recall that NERC had on Tuesday increased the electricity tariff payable by power shoppers throughout the nation.

The fee additionally blamed the N2 to N4 adjustment in tariff on inflation and motion in international change charges.

Nevertheless, Mamman mentioned he directed NERC to droop the implementation of the duly carried out minor overview to permit the conclusion of dialogue with Labour facilities.

“The general public is conscious that the Federal Government and the Labour Facilities have been engaged in optimistic discussions in regards to the electrical energy sector.

”A number of the achievements of this deliberation with Labour are the accelerated rollout of the Nationwide Mass Metering Plan, clampdowns on estimated billing, and the discount in tariff charges.‌

Read also: We’re ending estimated electricity billing with mass metering initiative — Buhari

“It needs to be clear to all that the regulator should be allowed to carry out its operate.

“The position of the Authorities is to not set tariffs, but in addition to supply coverage steering, shield customers and for buyers to have interaction instantly with shoppers.

”To advertise a constructive conclusion of the dialogue with the Labour Facilities, I’ve directed NERC to droop the implementation of the duly carried out minor evaluate (which adjusted tariffs between N2 per kWh and N4 per kWh) till the conclusion of the Joint Advert Hoc Committee’s work on the finish of January 2021.

“I want to state once more that this Administration is dedicated to making a sustainable, electrical energy marketplace for the advantage of all Nigerians,” the assertion stated.

Read also: EEDC migrates customers to improve electricity service from Nov 1

Loading

Leave a Reply

Your email address will not be published.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