Electricity
DisCos dismiss any planned electricity tariff hike
The electricity distribution companies, DusCos, may not be able to increase electricity tariffs on their own except the
Nigerian Electricity Regulation Commission (NERC), the regulatory body, gives a go ahead.
This douses growing speculations that tht DisCos might increase electricity tariffs from Monday, July 1.
Indeed, Ibadan Electricity Distribution Company (IBEDC) said the Nigerian Electricity Regulation Commission (NERC) would have to approve the new tariff regime before it becomes operative.
According to NAN, the Public Relations Officer of IBEDC, Busolami Tunwase, disclosed this in an interview on Saturday.
She said: “I am not aware that NERC has given us any such directive. The commission does the whole thing, and I am not sure it has given such a directive.
“But, any moment we get the directive to that effect, we will announce it, and it will commence based on instructions from NERC.”
Abuja Electricity Distribution Company, AEDC, is yet to effect any increment in tariff.
Condemnation had greeted the proposed new tariff since it hit the airwave, with stakeholders arguing that the timing of the increment was wrong, following the effect of fuel subsidy removal.
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