Home News In good faith, FG orders DisCos to suspend electricity tariff hike

In good faith, FG orders DisCos to suspend electricity tariff hike

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In demonstration of good faith to its agreement with the Organised Labour on its suspended strike, the Federal Government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff.

The Nigerian Electricity Regulatory Commission (NERC)  handed down the order on Tuesday night.

The  suspension of the hike in tariff for 14 days in the first instance is to enable wider consultations between the Government  and  Labour with a view to reaching a compromise and resolution of the contending  issues involved.

According to the NERC, the tariff suspension will be from September 28, 2020 to October 2, 2020.

The Order, No. NERC/209/2020, with the title: “NERC Order on suspension of the Multi Year Tariff Order 2020 for the electricity distribution licensees,” was signed by the NERC Chairman, James Momoh; and the Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye, and addressed to the country’s DisCos.

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