The Nigerian Electricity Regulatory Commission (NERC) on Tuesday ordered the 11 electricity distribution companies (DisCos) to suspend for two weeks the implementation of the new electricity tariffs they introduced on September 1.
The suspension order No. NERC/209/2020 dated September 28 was signed by the Chairman of the commission, James Momoh, and the Commissioner for Legal, Licensing and Compliance, Dafe Akpeneye.
The commission said the suspension order would last between September 28 and October 11 when it shall cease to have effect.
During the period, NERC said “all tariffs for end-use customers and market obligations of the DISCOs during the 14-day suspension shall be computed on the basis of rates applicable as at 31 August, 2020.”
Thelagostimes recalls that the DisCos began implementation of a new Service-based Reflective Tarrif (SRT) structure nationwide on September 1 after receiving approval from President Muhammadu Buhari.
However, the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) protested the new tariff and called for a nationwide strike.
After a meeting with the federal government a few hours to the protest on Monday, the NLC and TUC suspended the proposed strike after brokering an agreement to halt the electricity tariff increase.