Wednesday, April 1, 2020

Federal Government postpones tariff hike by three months

The Nigerian Electricity Regulatory Commission had postponed the enforcement of its prospered 2019 Multi- Year Tariff Order (MYTO) by three months as part of the measures for cushioning the pains of the COVID-19.



The Minister of Power, Engr. Saleh Mamman made this disclosure in a statement.

According to him, the decision was one of the government’s actions taken to ensure citizens have power supply in this difficult time.

Mamman said: “The 3-month delay in the implementation of tariff measures is consistent with His Excellency the President’s announcement on March 29th granting a moratorium for certain Federal Government funded facilities to the Nigerian Public.

“I will also commend players in the NESI that have made commitments to ensuring stable power supply in this period. We must work together.

“I must specifically commend the Distribution Companies that have a direct interface with the citizens.

“Many of the Distribution Companies have announced that they will take measures to maintain power supply to citizens in this difficult time. I would like to implore that the DISCOs uphold these commitments.”

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