
The Federal Government has directed the Nigerian Electricity Regulatory Commission to suspend the recently adjusted electricity tariff .
The Minister of Power , Sale Mamman , made this known in a statement .
In the statement , the minister said there was a committee working on the new electricity tariff regime and the committee should be allowed to complete its work before any development or adjustment .
Mamman directed NERC to suspend the recent increment until the committee concludes its work by end of January .
He said , “ The public is aware that the Federal Government and the Labour Centers have been engaged in positive discussions about the electricity sector through a joint ad – hoc Committee led by the Minister of State for Labour and Productivity and Co – Chaired by the Minister of State for Power . Great progress has been made in these deliberations which are set to be concluded at the end of January , 2021 .
“ To promote a constructive conclusion of the dialogue with the Labour Centers (through the Joint Ad – Hoc Committee ), I have directed NERC to forestall the implementation of the duly performed minor review (which adjusted tariffs between N2 per kWh and N4 per kWh ) until the conclusion of the Joint Ad Hoc Committee’ s work at the end of January 2021 .
“ This will allow for the outcome of all resolutions from the Committee to be implemented together . The Administration is committed to creating a sustainable, growing , and rules- based electricity market for the benefit of all Nigerians . ”
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