BREAKING: FG directs NERC to suspend adjusted tariff

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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 on Thursday.
NERC had on Tuesday increased the electricity tariff payable by power consumers across the country. The hike in tariff which varies, based on different consumer classes, took effect from January 1, 2021.
The regulatory agency blamed the N2 to N4 adjustment in tariff on inflation and movement in foreign exchange rates. Labour unions have threatened showdown over the development, saying the government was insensitive to the plight of Nigerians, considering the fact that there was an increment last two months.


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