The Nigerian Electricity Regulatory Commission – NERC says there will be a 3-month delay in the implementation of the proposed electricity tariff in the country.
The regulator had earlier announced that there would be an upward review of electricity tariff across the country effective today April 1.
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But Minister of Power, Sale Mamman, in a statement in Abuja, said that the suspension in the implementation of the new tariff was one of the measures taken by the regime of the President Muhammadu Buhari to support Nigerians in this difficult time when COVID-19 is disrupting the nation’s economy.
According to him, players in the Nigerian Electricity Regulatory Commission are working with the Central Bank of Nigeria to ensure payments to the generators and gas suppliers. He said that the payment to be done through the Payment Assurance Facility would be expedited to support power supply.
Written By Saviour Robert
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