The Federal Government and the organised labour in a meeting at the Presidential Villa in Abuja last night reached the decision to extend the suspension of the new electricity tariffs by one week. This is to enable the technical committee on its review to work out modalities for the implementation of the agreement reached on the electricity tariffs structure as well as address some grey areas of the report.
Prof. James Momoh, Chairman of the Nigeria Electricity Regulatory Commission (NERC), confirming the extension of the suspension of new tariffs regime, said NERC was committed to ensure that the power sector works no matter what it would take. He further stated that as part of palliatives in the power sector, the federal government said it had approved six million meters to be distributed across the country, the distribution would start in a week time and end by December.
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