NERC to increase Electricity tariff by 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.”

Efforts to get NERC to speak on the matter were not successful on Monday as the spokesman for the commission, Usman Arabi, said he was not around but on a course at the National Institute for Policy and Strategic Studies.

Meanwhile, as Nigeria was busy increasing electricity tariff not minding the precarious situation the whole world is experiencing, Rwandan government is busy doing just the opposite….

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