Energy

IBEDC: NERC yet to approve electricity tariff hike

The Ibadan Electricity Distribution Company (IBEDC) says the Nigerian Electricity Regulation Commission (NERC) has yet to give a directive on the new electricity tariff earlier scheduled to commence on July 1, 2023.

The IBEDC spokesperson, Busolami Tunwase, made this known in Ibadan, the Oyo State capital, on Saturday, July 1.

Tunwase said: “I am not aware that NERC has given us any such directive. It is the commission that does the whole thing and I am not sure it has given such a directive.

READ ALSO: Abuja DisCo makes U-turn, says no hike on electricity tariff

“But, any moment we get the directive to that effect, we will announce it and it will commence based on instructions from NERC.”

Condemnation had greeted the proposed new tariff since the news hit the airwave, with stakeholders arguing that the timing of the increment was wrong, given the poor service delivery of most of the electricity distribution companies.

IBEDC offices were also besieged by lots of customers seeking to buy energy ahead of the commencement of the new tariff.

The customers were, however, disappointed, as they could not purchase the energy due to complaints of congestion and network hitches by the company.

The Star

Segun Ojo

Recent Posts

Tinubu hails release of 100 Niger students, orders rescue of others

President Bola Ahmed Tinubu has applauded Nigeria’s security agencies for securing the release of 100…

5 hours ago

TikTok halts nighttime LIVE in Nigeria amid abuse concerns

TikTok has suspended its late-night LIVE streaming feature for users in Nigeria following a spike…

5 hours ago

Liverpool leave Salah out of squad to face Inter Milan

Liverpool have left Mohamed Salah out of Tuesday's Champions League squad to face Inter Milan.…

6 hours ago

Tinubu meets Gov Fubara, Nwifuru behind closed doors in Abuja

President Bola Ahmed Tinubu on Monday held separate closed-door meetings with Rivers State Governor Siminalayi…

7 hours ago

TCN raises the alarm over rising vandalism threatening power supply

The Transmission Company of Nigeria (TCN) has identified the persistent vandalism of its transmission infrastructure…

7 hours ago

2 dead, 2 injured in Lagos accidents

Two persons have been confirmed dead, while two others were injured in separate accidents on…

8 hours ago

This website uses cookies.