The Nigerian Electricity Regulatory Commission (NERC) has reversed Recall that in its December 2019 Minor Review of Multi-Year Tariff The Minister of Power, Mamman Sale has however disclosed that He tweeted;
The Federal Government has agreed to delay the implementation of a
plans to effect the transition to a cost-reflective tariff on April 1.
Order 2015 and Minimum Remittance Order for the Year 2020, the NERC
disclosed its plan of effecting a switch to cost-reflective tariff. The
move was expected to lead to an increase in electricity tariff.
the Federal Government has agreed to delay the implementation of a new
tariff plan in the Nigerian Power sector by 3 months. Sale disclosed
that the decision was taken due to the Coronavirus pandemic and current
economic reality of the Country.
new tariff plan in the Nigerian Power sector by 3 months. This is in
relation to the #COVID19 pandemic and current economic reality of the
Country.
NERC Reverses Plan to Increase Electricity Tariff in Nigeria
RELATED ARTICLES