Nigerian Electricity Regulatory Commission (NERC) has denied approving a 50 percent increase in electricity tariffs. NERC made the denial in a statement on its Twitter handle – @NERC- on Tuesday, entitled ‘Public notice on purported 50% increase in electricity tariffs’. “The attention of the commission has been drawn to publications in the print and electronic
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The 36 State Governors have scheduled a meeting for Wednesday to consider burning national issues, particularly the ongoing nationwide demand for police reform and the suspended hike in electricity tariff. Spokesman of the Nigeria Governors’ Forum (NGF), Abdulrazaque Bello-Barkindo said, in a statement on Tuesday, the governors would entertain briefings from “the Inspector General of
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The federal government and organized labour have reached a new agreement on electricity tariff. Nigerians will have electricity tariff price reduced to N10.20 per Kwh for the next three months, according to the agreement between the Federal Government and the Organized Labour. It was reported that the latest agreement will take effect on the completion
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The Nigerian Electricity Regulatory Commission, NERC, has finally issued an order suspending the September 1, 2020 hike in electricity tariff for two weeks This is in line with the agreement reached with the organised Labour on the suspension of strike over the hike in electricity tariff and increase in pump price of petrol Sunday night.
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Coalition of Civil Societies in Osun State and National Associational of Nigerian Students (NANS), have given President Muhammadu Buhari, a five day ultimatum to return to previous status, the pump price of petroleum products and electricity tariff. The groups staged a protest on Friday, in Osogbo, the Osun state capital, demanding that the government reverses
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Members of the Coalition for Civil Societies in Osun State Friday morning protested against the hike in electricity tariff and petrol price . The protesters took off from Freedom Park , Osogbo around 8 : 30 am . The protesters displayed placards showing their displeasure over the increase in electricity tariff and petrol price .
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President Muhammadu Buhari, has ordered operators in the power sector to carry out mass metering of unmetered customers nationwide. This was announced on Wednesday by the Nigerian Electricity Regulatory Commission. The NERC in a tweet via it official Twitter handle also declared that it had not approved any increase in electricity tariffs, as reported in
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The planned hike in electricity tariffs which was to take effect from Wednesday 1 July 2020 has been put on hold till the first quarter of next year. The leadership of the National Assembly on Monday waded into the controversy on the planned hike in electricity tariffs from July 1st, 2020 and succeeded in convincing
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Nigerians will from Wednesday, April 1, 2020, pay more for electricity. This is according to the Nigerian Electricity Regulatory Commission’s December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020. The Punch reports that checks on Monday showed that the decision to increase tariff had not yet been
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Ikeja Electric (IE) Plc says it is targeting total revenue of N170 billion in 2020 with the implementation of the increment in various classes of electricity tariff. The electricity Distribution Company (Disco) says it intends to create a new tariff class called Bilateral for customers it had signed Power Purchase Agreement (PPA) under a willing-buyer-willing-seller
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