Tag Archives: NERC

Court Annuls 45% Electricity Tariff Hike, Says NERC Acted Irresponsibly

  As the House of Representatives yesterday urged the federal government to halts any plans to increase electricity tariff by 100 per cent in the country,a Federal High Court sitting in Lagos yesterday, also annulled the increment of electricity tariff recently announced by the Nigerian Electricity Regulatory Commission (NERC). Trial Judge, Justice Mohammed Idris in…

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Halt Power Tariff Increase – Senate To NERC

  The Senate yesterday ordered the Nigerian Electricity Regulatory Commission (NERC) to halt the 45 per cent proposed increase in tariff. The upper legislative chamber gave the directive at its resumption of plenary after a two-week suspension to enable them to consider the 2016 budget proposals of Ministries, Departments and Agencies (MDAs). Adopting a two-prayer…

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Reverse New Electricity Tariff Immediately – Senate Orders Fashola

  The Senate has directed the Federal Ministry of Power, Works and Housing as well as the Nigerian Electricity Regulatory Commission, NERC, to immediately reverse the hike in electricity tariff which took effect on the 1st of this month. This directive was handed after the upper chamber adopted a motion moved by an All Progressives…

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NLC, TUC Declare Nationwide Protest Over Increase In Electricity Tariff

  The Nigerian Labour Congress (NLC), Trade Union Congress of Nigeria (TUC) alongside civil society allies, yesterday declared a nationwide protest for Monday, February 8, against the hike in electricity tariff by government, in spite of a subsisting court order and non-improvement in power supply. During the planned protest, labour and its allies said all…

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New Electricity Tariffs Begins Today, NLC, TUC Threaten Strike

  The new Multi-Year Tariff Order (MYTO 2015), takes off today amid doubts over commensurate electricity supply. According to reports, a meeting called by the regulator, the Nigerian Electricity Regulatory Commission (NERC) with the Manufacturers Association of Nigeria (MAN) on Friday failed to convince the manufacturers to drop their earlier opposition to the new tariff…

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NERC Maintains Stance On Electricity Tariff Increase, To Implement February 1

The Nigerian Electricity Regulatory Commission (NERC) has gone against the advice of the House of Representatives by insisting that the new electricity tariffs will come into effect from February 1, 2016. It also announced that the power distribution companies had one year from now to provide meters for all their customers and stop issuing estimated…

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BREAKING: Days To Presidential Poll, FG Reduces Electricity Tarrif By Over 50%

The federal government of Nigeria has reduced electricity tariff by over 50% with just days to the presidential elections, which is expected to be keenly contested between the incumbent President Goodluck Jonathan and main challenger, General MuhammaduBuhari of the All Progressives Congress (APC). Announcing the new tarrif Tuesday, the Chairman/CEO of the Nigerian Electricity Regulatory…

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