Just In : Electricity tariff to increase on Wednesday

Nigerians will from Wednesday, April 1, 2020, pay more for electricity, The PUNCH reports.

The Nigerian Electricity Regulatory Commission had disclosed this in its December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020.

Checks by The PUNCH on Monday showed that the decision to increase tariff had not yet been suspended despite the lockdown occasioned by the COVID-19 pandemic.

A top source at Ikeja Electric told The PUNCH that the firm had not received any directive from NERC as regards reversal of the plan.

He said, “According to the tariff order for the year, we are supposed to increase on April 1, 2020. So far, we have not received any directive not to go ahead.”
Via @punchnewspapers