Connect with us

News

Nigerian Government Orders NERC To Suspend Adjustment In Electricity Tariff

Published

on

The Federal Government has ordered the Nigerian Electricity Regulatory Commission (NERC) to suspend the recently adjusted electricity tariff.

Nigerian Government Orders NERC To Suspend Adjustment In Electricity Tariff 3

The Minister of Power, Sale Mamman, who made the announcement in a statement on Thursday, said a committee has been set up to work on the new electricity tariffs and should be allowed to complete its work before any adjustments.

Mamman said he directed NERC to suspend the implementation of the duly performed minor review to allow the conclusion of dialogue with Labour centers.

“The public is aware that the Federal Government and the Labour Centers have been engaged in positive discussions about the electricity sector.

”Some of the achievements of this deliberation with Labour are the accelerated rollout of the National Mass Metering Plan, clampdowns on estimated billing, and the reduction in tariff rates.‌

READ:  "I Was A Billionaire Before Becoming Governor" - Ortom Reacts To Akume's Allegation

“It should be clear to all that the regulator must be allowed to perform its function.

“The role of the Government is not to set tariffs, but also to provide policy guidance, protect consumers and for investors to engage directly with consumers.

”To promote a constructive conclusion of the dialogue with the Labour Centers, I have directed NERC to suspend the implementation of the duly performed minor review (which adjusted tariffs between N2 per kWh and N4 per kWh) until the conclusion of the Joint Ad Hoc Committee’s work at the end of January 2021.

“I would like to state again that this Administration is committed to creating a sustainable, electricity market for the benefit of all Nigerians,” the statement said.

This is coming a few months after the Federal Government through the National Mass Metering Programme (NMMP) commenced distribution of free electricity meters to Nigerians.

READ:  PHOTO: 11 Burnt Alive In Lagos-Ibadan Road Accident

"Stay Away From Their Wahala'" - Cubana Chief Priest Warms As EFCC Agrees To Settle Out Of Court
Celebrities10 hours ago

“Stay Away From Their Wahala'” – Cubana Chief Priest Warns As EFCC Agrees To Settle Out Of Court

HoldingCore Foundation Names Winner in Entrepreneurial Pitch Contest for Vendors 4
Business11 hours ago

HoldingCore Foundation Names Winner in Entrepreneurial Pitch Contest for Vendors

"I Know What Is Happening To Him" - Yul Edochie Reveals Why Wizkid Disrespected Davido
Entertainment11 hours ago

“I Know What Is Happening To Him” – Yul Edochie Reveals Why Wizkid Disrespected Davido

How 17-Year-Old Boy Hacked EFCC Chairman's BVN, Bank Account Details [Video]
Metro12 hours ago

How 17-Year-Old Boy Hacked EFCC Chairman’s BVN, Bank Account Details [Video]

Davido Is Undoubtedly Number One In Nigerian Music Industry - Senator Dino Melaye
Entertainment16 hours ago

Davido Is Undoubtedly Number One In Nigerian Music Industry – Senator Dino Melaye

Wizkid Reacts To Claim That Davido Slapped Him During Dubai Concert [Video]
Entertainment17 hours ago

Wizkid Reacts To Claim That Davido Slapped Him During Dubai Concert [Video]

Yinka Quadri And Taiwo Hassan 'Ogogo' Publicly Ends Their Long Time Beef [Video]
Entertainment17 hours ago

Yinka Quadri And Taiwo Hassan ‘Ogogo’ Publicly Ends Their Long Time Beef [Video]

Allegation Against PINL, Olu of Warri, Baseless and Malicious - CODAFA 5
News18 hours ago

Allegation Against PINL, Olu of Warri, Baseless and Malicious – CODAFA

"I've Apologized To Chioma Over Leaked Video Of Davido Begging Me" - Gorgeous Doll
Entertainment18 hours ago

“I’ve Apologized To Chioma Over Leaked Video Of Davido Begging Me” – Gorgeous Doll

How To Balance Home Maintenance and Online College 6
Business19 hours ago

How To Balance Home Maintenance and Online College

"I Was Never Arrested Or Killed For Drug Trafficking In Saudi Arabia" - Sola Sobowale
Entertainment19 hours ago

“I Was Never Arrested Or Killed For Drug Trafficking In Saudi Arabia” – Sola Sobowale

The Biggest Mess Created In 2023 Was Devaluation Of Naira - Aliko Dangote
News1 day ago

The Biggest Mess Created In 2023 Was Devaluation Of Naira – Aliko Dangote

Chioma Grinds Against Davido As She Twerks For Him At Her Birthday Party [Video]
Entertainment1 day ago

Chioma Grinds Against Davido As She Twεrks For Him At Her Birthday Party [Video]

"I Have Reported Davido And Wizkid's Matter To Seyi Tinubu" – Lege Miami [Video]
Entertainment1 day ago

“I Have Reported Davido And Wizkid’s Matter To Seyi Tinubu” – Lege Miami [Video]

Workers Day: FG Confirms New Minimum Wage Will Take Effect From May 1, 2024
News2 days ago

Workers Day: FG Confirms New Minimum Wage Will Take Effect From May 1, 2024

"I'm Not Doing Blings Or Ice Anymore, I Just Want To Live A Simple Life” – Isreal DMW
Celebrities2 days ago

“I’m Not Doing Blings Or Ice Anymore, I Just Want To Live A Simple Life” – Isreal DMW

How Mohbad's Wife, Wunmi Secretly Underwent 2 DNA Tests - SDK Reveals
Celebrities2 days ago

How Mohbad’s Wife, Wunmi Secretly Underwent 2 DNA Tests – SDK Reveals

Tinubu Expresses Confidence in Nigeria's Economic Recovery, Unveils N27.5 Trillion Budget For 2024 Development
News2 days ago

Tinubu Approves Salary Increase For Police, Military Personnel, Civil Servants, Others

“001 And 002” - Davido And Chioma Show Off Matching Customized Diamond Rings
Entertainment2 days ago

“001 And 002” – Davido And Chioma Show Off Matching Customized Diamond Rings

Why Governor Uzodimma Appointed Himself As Commissioner For Lands In Imo
Politics2 days ago

Why Governor Uzodinma Appointed Himself As Commissioner For Lands In Imo