Electricity distribution company (DisCos) will resume implementation of the new tariff regime next week. The DisCos had begun implementation of a new service-based reflective tariff (SRT) structure nationwide on September 1 after approval from President Muhammadu Buhari. However, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) protested the new tariff and called … Read more
By Simon Kolawole Amidst the series of tough decisions rolled out by President Muhammadu Buhari as the Nigerian economy gasps for breath under the weight of low oil prices and the coronavirus pandemic, a mini-war broke out between the Central Bank of Nigeria (CBN) and the Nigerian Economic Summit Group (NESG) last week. In a … Read more
Police Arrest Anti-Fuel Hike, Electricity Tariff Protesters In Lagos Ekohotblog, September 10, 2020 Following the hike in the price of fuel and electricity tariff, some protesters who stormed the streets of a Lagos to express displeasure over the increase have been arrested by the Nigeria police force, Ekohotblog reports. The protest happened at Ojuelegba area of Lagos … Read more
In furtherance of its drive to end the fraudulent practices that characterise the power sector in Nigeria, the electricity distribution companies (DisCos) in the country have begun the implementation of the new service-based electricity tariff. EkoHotBlog had reported that President Muhammadu Buhari approved the implementation of the proposed cost-reflective energy tariff for the Nigerian electricity … Read more
Rich Nigerians will now pay more for the electricity consumed as the new electricity tariff is set to takeoff next month. The development is sequel to President Muhammadu Buhari approval of the implementation of the proposed cost-reflective electricity tariff for the Nigerian Electricity Supply Industry (NESI) on Tuesday. Following the approval, the new tariff structure … Read more