Buhari-NLC Deal: We won’t revert to old tariffs: Discos
Electricity distribution companies say reverting to the old tariffs will not be immediate, because the regulator has not briefed them about the agreements reached between the government and labour on Sunday.
The government has agreed to suspend a recent electricity tariff hike, but sources at the power firms told Punch that the Nigerian Electricity Regulatory Commission has not yet notified the firms about the suspension.
The power firms say reverting their billing platforms to the previous tariff arrangement will take at least three days.
Labour unions oppose a rise in electricity and petrol prices, but they suspended a nationwide strike that they planned to begin on Monday, after they reached a tentative deal with the government.
The minister of state for labour, Festus Keyamo, announced that the pump price of petrol will not be changed but new electricity tariffs will be suspended for two weeks.
A technical committee on electricity tariff reforms was also set up to examine the justification for raising electricity tariffs.
The committee, comprising organised labour and government, will work for two weeks.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
Opinion
Uber’s exit exposes mirage of Tinubu’s $1 trillion economy
Uber is one of more than 20 multinational companies to have left the country since APC came to power in 2015.
States
Bayelsa: NAF inaugurates accommodation projects for school in Biseni
The Nigerian Air Force has inaugurated a two-bedroom apartment and four single-bedroom apartments at Biseni Secondary School, Yenagoa, Bayelsa.
States
Akwa Ibom: Police apprehend resident with illegal firearm
The police command in Akwa Ibom has arrested a suspect, Mfon Essien, along Ayah Road for possessing an illegal firearm.
Education
Rising ‌cost of school materials worries education stakeholders
Some education stakeholders have expressed concern over the rising cost of educational resources and materials as schools resume for a new academic session.
Economy
Jaguar Land Rover announces plan to cut 4,000 jobs
Jaguar Land Rover has announced plans to cut 4,000 jobs amid stiff market competition from Chinese manufacturers, U.S. tariffs, and rising adoption of electric vehicles.
Politics
Governors who will bow out in May 2027
While some governors will retain their seats, others will not return after their two-term constitutional limit elapses in May 2027.
