The Nigerian Electricity Regulatory Commission, Tuesday night, directed the 11 electricity Distribution Companies, DISCOs in the country to suspend the September 1 new tariff.
This is coming after the Federal Government and the organised Labour reached an agreement over the hike in electricity tariff and increase in pump price of petrol Sunday night.
The suspension of the tariff is expected to run for 14 days to enable wider consultations between the Government and labour with a view to reaching a compromise and resolution of the contending issues involved.
According to the NERC, the tariff suspension will be from September 28, 2020 to October 12, 2020.
The Order, No. NERC/209/2020, with the title: “NERC Order on suspension of the Multi Year Tariff Order 2020 for the electricity distribution licensees, addressed to DISCOs was signed by the NERC Chairman, James Momoh; and the Commissioner, Legal, Licensing and Compliance, Dafe Akpeneye.”
