The Nigerian Electricity Regulatory Commission has reiterated that the proposed electricity tariff hike, which will take effect from the first quarter of 2021, will not substantially impact poor power consumers in the country.
Momoh told the lawmakers, who were on their oversight function, that a strategy had been put in place to ensure that whatever happens, the poor will no longer subsidise the rich. In his comments, the Chairman of the committee, Senator Gabriel Suswam, urged the commission to handle the tariff increase with caution because of the economic hardship it could inflict on the people.
He added: “We met with them at the level of National Assembly and appealed that given the circumstances of the Covid-19, they should tarry awhile and let Nigerians recover a bit from the economic shocks before they can activate that tariff.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Electricity tariff increase won't affect the poor - NERCThe Nigeria Electricity Regulatory Commission (NERC) Monday said that the proposed tariff increase that has been suspended will...
Source: TheNationNews - 🏆 6. / 69 Read more »
NERC moves to unbundle TCN into two firms|p style=
Source: MobilePunch - 🏆 8. / 63 Read more »
Electricity tariff increase won't affect the poor - NERCThe Nigeria Electricity Regulatory Commission (NERC) Monday said that the proposed tariff increase that has been suspended will...
Source: TheNationNews - 🏆 6. / 69 Read more »
Covid-19: ECOWAS Donates Essential Medical Equipment to Nigeria - THISDAYLIVEBy Adedayo Akinwale The Economic Community of West Africa States (ECOWAS), through the West African Health Organisation (WAHO), has donated essential medical equipment to the government of Nigeria as part of the regional response strategy to curtailing the spread of the deadly coronavirus. The commission, in a statement issued Sunday by its Directorate of Communication, …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »
NERC moves to unbundle TCN into two firms|p style=
Source: MobilePunch - 🏆 8. / 63 Read more »
Domestic Flights to Resume Across Nigeria July 15, Says Sirika - THISDAYLIVE•Kano, Maiduguri airports begin operation Kasim Sumaina in Kano Minister of Aviation, Senator Hadi Sirika, hinted on Saturday in Kano that domestic flights would resume across the country’s airports by July 15. Sirika, however, said airports that were not ready would be given enough time in order not to risk peoples’ lives. The minister stated …
Source: THISDAY LIVE - 🏆 14. / 51 Read more »