The Nigerian Electricity restrictive Commission (NERC) on Wednesday directed the eleven Electricity Distribution corporations (DISCOs) to suspend the Sept. one new tariff.
The commission’s suspension order of the Multi Year Tariff Order (MYTO) 2020 signed by professor James Momoh, NERC’s Chairman was discharged on its web site on Wednesday.
The suspension, that followed a joint dispatch issued by the federal and therefore the labour unions, is for fourteen days.
Recall that the federal had in agreement the suspension is so as to additional consultations and mop up of negotiations between the parties.
The order by NERC aforementioned that from Sept twenty eight to Gregorian calendar month eleven, the DisCos should revert all charges to the tariff existing as of August thirty one.
“This implies that for following time period, electricity customers having power on top of twelve hours World Health Organization were laid low with the over one hundred per cent tariff hike would revert to their recent charges,” it said.
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