Categories: NEWS

We’ve Not Been Directed To Suspend Electricity Tariff Hike Yet – DISCOs

Power distribution companies said on Monday that they had not received any directive from the Nigerian Electricity Regulatory Commission on tariff suspension.

The Discos are confused on the decision of the Federal Government and labour unions as regards the reversal of the hike in electricity tariff, investigation has shown.

Senior officials of power distribution companies said on Monday that they were awaiting the NERC to come up with a new tariff plan to be implemented within the two weeks as agreed by the Federal Government and labour unions.

It was also gathered that up till 7pm on Monday, no order had been released by the NERC to Discos as touching the matter.

It was also gathered that the Discos told the regulator that it would take three to four days for them to change their billing/vending platforms and revert to the old tariffs.

“There is no communication yet from the regulator on that matter and I wonder how that can be implemented because right now, it is causing confusion in the power sector,” a senior official of a Disco in the northern region, who spoke on condition of anonymity, said.

Sponsored

Read Also: Ikpeazu Approves N400m Bailout Fund For ABSU

Also, sources at the commission confirmed that although there had been prolonged meetings on the matter at the NERC headquarters in Abuja, no order had been sent out to Discos as of 7pm on Monday.

“The whole thing is a bit complicated now. There has been series of meetings about it since (Monday) morning,” an official at the NERC, who pleaded not to be named, said.

The official added, “But up till this time (7pm) that you are speaking with me, no order has been issued on this matter to power distributors.”

A top official of one of the Discos who was at the meeting said the regulator had yet to tell them exactly what to do.

The Chairman, NERC, James Momoh, neither picked calls nor replied a detailed text message sent to him by our correspondent on the matter.

Source

SPONSORED
Alex Enemanna

A print journalist with vast knowledge of political developments in Nigeria. Passionate about equity and fairness through robust developmental journalism.

Recent Posts

Bobrisky Served Prison Sentence, Says FG Panel

The Federal Government investigative panel has revealed that the convicted cross-dresser, Idris Okuneye, popularly known…

7 hours ago

Sit-At-Home Cripples Commercial Activities In Abia (Video)

Commercial and social activities in Umuahia, the capital of Abia State on Monday came to…

10 hours ago

Abia LP Crisis: Ceekay Igara Speaks On Arrest, Accuses Otti Of Impersonation (VIDEO)

The embattled Vice Chairman of Labour Party, South East zone, Mr. Ceekay Igara has broken…

14 hours ago

Toothpaste Prices Soar: Nigerians Switch To Chewing Sticks

We are now going back to the old ways of living in Africa. No thanks…

15 hours ago

Don’t Give Up On Nigeria – Peter Obi Urges Youths To Stay Resolute

The Labour Party, LP, presidential candidate in the 2023 general election, Peter Obi, has urged…

18 hours ago

APC Will Capture All States In South West, Ganduje Vows

Abdullahi Umar Ganduje, National Chairman of the All Progressives Congress (APC), has declared that the…

19 hours ago