NERC Suspends Increase In Electricity Tariff 

NERC Suspends Increase In Electricity Tariff 

Funsho Akinwale

The Nigerian Electricity Regulatory Commission had earlier announced that it will increase electricity tariff across the country on Wednesday, April 1, 2020.

Recall, the commission had disclosed this in its December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020.

A top source at Ikeja Electric disclosed that the firm had not received any directive from NERC as regards the 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.”

However, further checks confirmed that the decision has been suspended by NERC as a result of the ongoing lockdown caused by the COVID-19 pandemic.

Happenings Media