The Nigerian Electricity Regulatory Commission (NERC) on Wednesday directed Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 new tariff.
A press released signed by the Chairman, Prof. James Momoh, stated that from September 28, 2020 to October 11, 2020, the DisCos must revert all charges to the tariff existing as of August 31, 2020.
This means for the next two weeks, electricity consumers having power above 12 hours who were affected by the over 100 per cent tariff hike would revert to their old charges.
NERC said following a joint communique issued by the Federal Government and the labour unions, the FG agreed that the recent review in electricity tariffs would be suspended by the Commission for a period of 14 days to further consultations and finalisation of negotiations between the parties.
The Commission also ordered 11 power distribution companies across the country to abide by the order.
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