Electricity customers on Band A feeders may need to brace up for a possible tariff increase following the rise in the electricity tariff shortfall otherwise known as subsidy. The electricity subsidy to be paid by the Federal Government rose to N181,63bn in September from N102.30bn in May, reports The PUNCH. In April when the Nigerian […...
Telecom operators in Nigeria have begun to implement load shedding in response to the Nigerian CommunicaÂtions Commission’s (NCC) reluctance to address their demands for a tariff hike. Load shedding is a deliberate shutÂdown of telecom services in a part or parts, generally to prevent the failure of the entire system when the demand strains th...
One week into the new electricity tariff regime, information flowing from the Nigerian Electricity Regulatory Commission, NERC, has indicated that over 20 percent of consumers categorized as Band A do not have prepaid meters, a major factor in determining actual usage for the purpose of bill settlement. Consequently, the consumers would be mad...
Manufacturers and Organised Labour have kicked against the Federal Government’s 240 per cent hike in the tariff payable by electricity users enjoying a 20-hour power supply. They insisted on the electricity subsidy, warning that its removal would send manufacturers out of business and worsen inflation, reports The PUNCH. The subsidy on electri...
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