DisCos intensify efforts for electricity tariffs hike approval

DisCos intensify efforts for electricity tariffs hike approval

THE NATION

There is no respite yet for electricity consumers with Distribution Companies (DisCos) still pushing ahead with their bid for Federal Government’s approval to raise the tariffs.

Last week, the National Electricity Regulatory Commission (NERC) halted the 40 per cent tariff hike planned by the DisCos following an outcry by Nigerians, who are reeling under the effect of petrol subsidy withdrawal.

NERC’s action came after some of the DisCos notified consumers of increased tariffs.

It was learnt yesterday that the DisCos are billed to meet with NERC in Abuja next week.

Senior officials of two DisCos, who confirmed the scheduled meeting, declined to release the agenda.

But it was learnt that tariffs raise is central to the parley.

The NERC will also meet with other power institutions such as the Transmission Company of Nigeria (TCN) and Generating Companies (GenCos).

It was learnt that NERC has scheduled a meeting with all the 11 DisCos and other critical stakeholders in the electricity supply and loop.

The Nation exclusively gathered that the meeting will hold between Monday and Friday.

NERC will meet on Monday and Tuesday with Managing Directors and top management of DisCos, GenCos and TCN.

Report

Leave a Reply

Your email address will not be published. Required fields are marked *