Headline
Nigeria Electricity tarrif to be increased this year, check date
The Nigerian Electricity Regulatory Commission has disclosed that the electricity tariffs being paid by consumers will increase in April this year.
This was disclosed in its ‘December 2019 Minor Review of Multi-Year Tariff Order 2015 and Minimum Remittance Order for the Year 2020,’ which was dated December 31, 2019.
The statement said, “The Federal Government’s updated Power Sector Recovery Program does not envisage an immediate increase in end-user tariffs until 1st April 2020 and a transition to full cost reflectivity by end of 2021.
“In the interim, the Federal Government has committed to funding the revenue gap arising from the difference between cost-reflective tariffs determined by the commission and the actual end-user tariffs payable by customers.”
NERC stated that all Discos are to settle their market invoices in full as adjusted and netted off by applicable tariff shortfall.
Kano Athletes’ Families Receive N22 Million Donation from Senate Deputy President Amid Mourning
FRSC Mobilises 36,000 Personnel and Equipment for Eid El-Kabir Special Patrol Nationwide
Nasarawa State Government Partners with Security Agencies to Eradicate Illegal Mining
Nigeria’s Flood Crisis Deepens as NEMA Deploys Teams to 15 States, Urges Vigilance and Relocation
President Tinubu Engages Suspended Rivers Governor Fubara in Lagos to Resolve Political Crisis
Flood Ravages Mokwa: President Tinubu Commands Swift Restoration of Key Bridge
UBA Chairman Tony Elumelu Acquires Over N43 Billion in Shares Amid Capital Raise Plans
Grieving Women of Benue Stage Protest Over Rising Killings in Apa LGA
Lagos Government Cracks Down on Illegal Waste Dumping with Heavy Fines and Jail Terms
Niger Flood Not Linked to Dam Water Release, Minister Utsev Clarifies Amid Rising Concerns
-
Headline1 week agoPDP NEC Meeting Postponed Again as Internal Crisis Deepens; Governors, BoT, and Saraki Panel to Meet
-
Headline5 days agoOgun State Shines as National Sports Festival Closes with Presidential Praise
-
Headline6 days agoOgun Athletes’ Protest Over Allowances at National Sports Festival Deemed ‘Impatient’ by State Government
-
Headline1 week agoUCL 2025/26: 27 Clubs Secured Qualification Spot Already (FULL LIST)
-
Headline1 week agoFederal Judge Blocks Trump’s Ban on Harvard’s International Students; Trump Responds
-
Headline1 week agoChildren’s Day 2025: President Tinubu Calls for National Unity Against Bullying, Reaffirms Child Welfare Priorities
-
Headline1 week agoPower Struggle Between Makinde and Wike Threatens PDP’s Stability Ahead of NEC Meeting
-
Headline5 days agoScare at Liberia’s Roberts International Airport as President Boakai’s Plane Suffers Tire Failure
-
Headline1 week agoNigerian Star Tobi Amusan Breaks Rabat Diamond League 100m Hurdles Record
-
Headline1 week agoBayer Leverkusen Secures Erik ten Hag as Head Coach Until 2027