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FG Extends Suspension Of New Electricity Tariff By 1 Week - Politics - Nairaland

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FG Extends Suspension Of New Electricity Tariff By 1 Week by ogododo: 9:05am On Oct 12
The Federal Government has extended the suspension of the new electricity tariff by one week.

Prof. James Momoh, Chairman, Nigeria Electricity Regulatory Commission (NERC) said this when the ad hoc Technical Committee on Electricity Tariff submitted its interim report at a reconvene bilateral meeting between Federal Government and Organised Labour on Monday in Abuja.

The new tariff was earlier suspended for two weeks and ended at midnight on Oct. 11, when the organised labour suspended the planned industrial action over agitation on the hike in electricity tariff on Sept. 28.,

It would also be recalled that the the committee which was Chaired by Mr Festus Keyamo, Minister of State for Labour is to examine the justifications for the new policy in view of the need for the validation of the basis for the new cost reflective tariff.

It was also agreed that while the committee carries the justification that electricity tariff should be reduced for two weeks.

Momoh while speaking, said the one week extension new tariff said was to enable the committee to review and work out modalities for the implementation of the agreement reached on the electricity tariffs structure.

Sen. Chris Ngige, Minister of Labour and Employment, while reading a resolution reached between the Federal Government, Organised Labour and the Ad Hoc Technical Committee on Electricity Tariff said that adoption of the work plan for effecting the resolutions has been reached.

Ngige said the resolutions adopted would be implemented by all stakeholders within the week by Sunday, Oct. 18.

According to him, the following amendments to the resolutions were adopted include, phase one immediate reliefs.

“Using of the Nigerian Electricity Supply Industry (NESI) VAT proceeds to provide relief in electricity tariff. This is to leverage on the VAT from the NESI, the increases experienced by customers due to the transition to the Service Based Tariff will be reduced.

“That is Band A – 10 per cert reduction, Band B – 10.5 per cert reduction and Band C – 31 reduction,” he said.

He said on the acceleration of National Mass Metering Programme (NMMP).

It was adopted that for the distribution of the first one million meters, the Ministry of Power was to liaise with Central Bank of Nigeria(CBN), Nigerian Electricity Regulatory Commission (NERC) and Nigerian Electricity Management Services Agency (NEMSA).

He added that they are to start work by Oct. 12, to accelerate the roll out of meters with a target of December 2020.

The minister, therefore said that the meeting agreed that it would work towards bridging the metering gap.

“The Federal Government committed to provide six million meters and NERC is expected to compel the DISCOs to meet the metering needs of the customers,”he said.

Ngige also said on the resolution adopted for the Local procurement for Meters for National Mass Metering Programme (NMMP) that organised Labour would to work with government to improve and ramp up local production capacity.

He also said that the resolution adpoted on salary protection for electricity workers was that NERC should ensure that the personnel costs of electricity workers should be placed on first-line charge on the Primary Collection Account.

He added that the process would commence from Monday , Oct. 12.

“On the issue of mandatory refund for any over billing during system transition by the DISCOs that NERC should implement immediately within October.

‘While on the freezing of customer band migration during the interim period that the revised NERC order will include specific guidelines on freezing band migration, ” he said.

Ngige also noted that the resolutions adopted for Phase two for the extensive review of key sector reforms include that the ad hoc committee would work from Oct. 12 to Dec. 12, to ensure that all outstanding issues are resolved and implemented.

He also said the resolution adopted on gas pricing was that the Group Managing Director was co-opted into the Technical Committee to assist with the purpose.

He added that on resource capacity, the Managing Director, NEMSA is also co-opted into the Technical Committee to work with NERC on the metering assignments.(NAN)

https://www.vanguardngr.com/2020/10/fg-extends-suspension-of-new-electricity-tariff-by-1-week/amp/

2 Likes

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by DenreleDave(f): 9:07am On Oct 12
angry

1 Like 1 Share

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by MAGG0T(m): 9:08am On Oct 12
The most useless regime since the existence of democracy..

Yet some Animals see no wrong in this worthless APC

64 Likes 4 Shares

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by ifytrik(m): 9:10am On Oct 12
.
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by realstars: 9:10am On Oct 12
Only 7 Days?

1 Like

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by glyfine: 9:11am On Oct 12
wonderful
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by ogododo: 9:21am On Oct 12
May be #ENDNERC go be next

22 Likes

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by TooMuchStuff: 10:05am On Oct 12
FG cashing out big time with the masses.

Can't believe me buy 5k Nepa credit at once for my own house....

Playing kalokalo with our brains.
Revert to old price, Idiots of a FG

24 Likes 1 Share

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by ogododo: 11:31am On Oct 12
TooMuchStuff:
FG cashing out big time with the masses.

Can't believe me buy 5k Nepa credit at once for my own house....

Playing kalokalo with our brains.
Revert to old price, Idiots of a FG

Next movement be that, Lalasticlala

2 Likes

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by ogododo: 1:01pm On Oct 12
Nobody de talk about the fuel hike again?
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Goldenheart(m): 2:49pm On Oct 12
Awon morder Fulkerson angry
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by jeeqaa7(m): 2:49pm On Oct 12
Like for Davido
Share for Buhari

17 Likes 1 Share

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by GallantDuke(m): 2:50pm On Oct 12
Ok
We already know you guys are clueless
Light wey we dey use once in a while.
What a country
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Completelife: 2:50pm On Oct 12
Scam
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by 8y88y8: 2:50pm On Oct 12
Like to # endBUHARI share for #endBUHARI

1 Like 1 Share

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Yankiss(m): 2:50pm On Oct 12
These people are only buying time. What did the masses do that at such time as this with hardship everywhere the irresponsible government is only looking for more avenues to create fund that will be looted in turn. Every looting that led to impoverishment of Nigeria will end in hot tears. Every hand that defrauded Nigerians will reap tears and untimely death.

11 Likes 1 Share

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Odunharry(m): 2:50pm On Oct 12
That's why they brought outrageous bill for people.
The masses Don hear am oo..
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by naijadjmixtape: 2:50pm On Oct 12
ease your stress, visit naijadjmixtape.com download a mixtape gospel foreign highlife afrobeat enjoy life dont come and kill yoself. problem no dey finish
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by jericco1(m): 2:50pm On Oct 12
Light wey person no dey see.
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Kindness218(m): 2:50pm On Oct 12
Fu*k fg
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by SilverNorGold(m): 2:50pm On Oct 12
cheesy.. This electricity issue should be solved once and for all.. Nigerians won't mind paying more if there's a remarkable improvement.

Though the PDP administration really messed up, I trust this administration will gradually clean up the mess, until power becomes 100% stable.

God bless Nigeria.
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Annymichaelz(m): 2:50pm On Oct 12
.
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Coronavirus1: 2:51pm On Oct 12
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by franklingud(m): 2:51pm On Oct 12
These people dey blow gramma, abeg someone break am down may I grab wetin dem talk
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by lucky1759(m): 2:51pm On Oct 12
Is like the only thing this government respond to is protest,.. more protests loading

1 Like

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Omoslim26: 2:53pm On Oct 12
Ok

awon oniranu extend kill una there

scrap the damn thing awon wereyson

1 Like

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Zico5(m): 2:54pm On Oct 12
Your Bill for SEP 2020:

Tariff:C-Non MD
Rate:42.73
READ CODEcheesy
LAR:
PAR:
Consumption: 265.00
Curr.Charges: N12,172.71
Previous Balance: N296,380.04
Payment:N0.00
Adjustment:N-610.49
Amt Due: N307,942.26
Due Date: 18 Oct 2020.
For enquires call 017000250
Detail: eservices.ikejaelectric.com/billing/

This is the bill for just two bedroom flat. Almost times 3 of the previous bills. Which way Nigeria.

3 Likes

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by bolaayenimo: 2:55pm On Oct 12
All this one week, two weeks suspension is nonsense

1 Like

Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Chijeep(m): 2:55pm On Oct 12
LOCAL MAN WAN KNOW THE REASON FOR THE SEASON
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Jeremiahgynag(m): 2:55pm On Oct 12
This is what I was charged for the month of SEPTEMBER.
This is absolutely CRAZY, is this the "NEXT LEVEL" they promised us.
Re: FG Extends Suspension Of New Electricity Tariff By 1 Week by Brushstrokes20: 2:55pm On Oct 12
Sadistic govt of self serving thieves!

2 Likes

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