Electricity Tariff Hike Remains Suspended, NERC Tells DisCos
The Nigerian Electricity Regulatory Commission on Monday said that the hike in electricity tariff remains suspended, thus, directed power distribution companies (DisCos) 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 extension is said to enable the technical committee to work out modalities for the implementation of the agreement reached on the electricity tariffs structure as well as address some grey areas of the report.
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.
However, 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 said.
“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.
By Peace Obi