Nigerian Electricity Regulatory Commission to increase electricity tariffs by 10

Date: 10-08-2009 4:55 pm (14 years ago) | Author: Teeco Designer
- at 10-08-2009 04:55 PM (14 years ago)
(m)
The Nigerian Electricity Regulatory Commission (NERC) has said that electricity tariffs are to be increased by 10 per cent but electricity consumers in Nigeria will not pay the new tariffs as the increase would be offset by subsidies from the Federal Government.

This is said to be in line with the Federal Government’s plan to encourage private sector participation in the power sector.

The Administrator of the NERC said, "What we are saying is that there is MYTO. We reviewed that in view of the inflation. You see, there is inflation. Then in view of the inflation, in view of the exchange rate - you know, last year when we did it, the exchange rate of the naira to a dollar was N170 and this year it is N147, and then there is inflation.”

“It is not something that will affect the consumers, especially the poor Nigerians, because government has already provided subsidy for that. So whatever review we do, it’s been taken care of by the subsidy given by the government. So it will not affect the consumers.”

Posted: at 10-08-2009 04:55 PM (14 years ago) | Addicted Hero
- portiphar at 10-08-2009 08:36 PM (14 years ago)
(m)
great news
Posted: at 10-08-2009 08:36 PM (14 years ago) | Gistmaniac
Reply
- portiphar at 10-08-2009 08:37 PM (14 years ago)
(m)
bad timing for us in Naija
Posted: at 10-08-2009 08:37 PM (14 years ago) | Gistmaniac
Reply
- eyevee at 10-08-2009 08:41 PM (14 years ago)
(f)
beta 4 dem becos dat 10% increase money dem dey talk about, i don take am buy fuel 4 my gen. i no fit shout.
Posted: at 10-08-2009 08:41 PM (14 years ago) | Upcoming
Reply
- teeco at 11-08-2009 11:18 AM (14 years ago)
(m)
Quote from: eyevee on 10-08-2009 08:41 PM
beta 4 dem becos dat 10% increase money dem dey talk about, i don take am buy fuel 4 my gen. i no fit shout.

 Grin Grin Grin
Posted: at 11-08-2009 11:18 AM (14 years ago) | Addicted Hero
Reply
- portiphar at 12-08-2009 03:51 AM (14 years ago)
(m)
wetin man go do
Posted: at 12-08-2009 03:51 AM (14 years ago) | Gistmaniac
Reply
- enjoyment at 12-08-2009 05:29 AM (14 years ago)
(m)
no light wefin dem wan increase......gen price?
Posted: at 12-08-2009 05:29 AM (14 years ago) | Gistmaniac
Reply
- teeco at 12-08-2009 01:47 PM (14 years ago)
(m)
Quote from: enjoyment on 12-08-2009 05:29 AM
no light wefin dem wan increase......gen price?

I wanda oooo Shocked
Posted: at 12-08-2009 01:47 PM (14 years ago) | Addicted Hero
Reply
- portiphar at 13-08-2009 03:09 AM (14 years ago)
(m)
make dem increase am now
Posted: at 13-08-2009 03:09 AM (14 years ago) | Gistmaniac
Reply
- portiphar at 13-08-2009 03:15 AM (14 years ago)
(m)
dem don full us reach
Posted: at 13-08-2009 03:15 AM (14 years ago) | Gistmaniac
Reply
- teeco at 13-08-2009 11:04 AM (14 years ago)
(m)
Quote from: portiphar on 13-08-2009 03:09 AM
make dem increase am now

who go pay
Posted: at 13-08-2009 11:04 AM (14 years ago) | Addicted Hero
Reply
- ngfineface at 27-08-2015 02:07 PM (8 years ago)
(f)
If they will provide service for th emoney
Posted: at 27-08-2015 02:07 PM (8 years ago) | Hero
Reply
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