A Review of the Nigerian Energy Industry

Jonathan orders NERC to slash electricity tariff

17 March 2015, Abuja – Worried by the sufferings of millions of Nigerians occasioned by the astronomical increase in electricity tariff by the National Electricity Commission, NERC, President Goodluck Jonathan has ordered the regulatory body to review the tariff downwards with immediately effect.

Power.electricityThe Minister of power, Prof. Chinedu Nebo disclosed this, Tuesday, while fielding questions on CNBC cable network on the programme, Power Lunch West Africa.

The Minister said the President expressed discomfort on hearing the news about the suffering Nigerians are passing through with the new electricity tariff and directed the regulator, NEC to ensure that the service charges are reduced without delay, irrespective of the reasons for the increase.

‘‘The President was not comfortable with the astronomical increase in electricity tariff and advised NEC to reduce that with immediate effect and that is being done.’’

– Vanguard

In this article

Join the Conversation