Stats: 3,185,756 members, 7,927,112 topics. Date: Wednesday, 21 August 2024 at 09:50 AM |
Nairaland Forum / Nairaland / General / Politics / Discos Shun Opposition, Insist On July 1 Tariff Hike (277 Views)
We Will Increase Tariff From July 1 - AEDC Alerts Customers / Households Under Pressure As New Electricity Tariff Due July 1 / The New Electricity Tariff Across The Country Approved By Discos (2) (3) (4)
Discos Shun Opposition, Insist On July 1 Tariff Hike by adenigga(m): 3:10am On Jun 26, 2023 |
Power distribution companies, on Sunday night, confirmed and insisted that the tariffs payable by electricity consumers across the country would increase from July 1, 2023, despite the opposition of the Nigeria Labour Congress. On Friday, The PUNCH reported that the NLC, Discos and the Nigerian Electricity Regulatory Commission were heading for a collision course over the planned hike in the tariffs payable by electricity consumers nationwide. NLC President, Joe Ajaero, had said “the plan to increase electricity tariff by 40 per cent by July 1 was both insensitive and callous and reflects an organised indifference to the wellbeing of consumers, especially, the poor ones,” and warned against the move by Discos. But in different notices to their customers seen by our correspondent on Sunday night, the Discos announced that electricity tariffs would increase from July 1, 2023, as they provided reasons for this. In a public service announcement from the Abuja Electricity Distribution Company, the AEDC said, “Effective July 1, 2023, please be informed that there will be an upward review to the electricity tariff influenced by the fluctuating exchange rate. “Under the MYTO (Multi Year Tariff Order) 2022 guidelines, the previously set exchange rate of N441/$1 may now be revised to approximately N750/$1 which will have an impact on the tariffs associated with your electricity consumption. “For customers within bands B and C, with supply hours ranging from 12 to 16 per day, the new base tariff is expected to be N100 per kWh while Bands A with (20 hours and above) and B (16 to 20 hours) will experience comparatively higher tariffs.” The power firm stated that “for customers, with a prepaid meter, we encourage you to consider purchasing bulk energy units before the end of this month as this will allow you take advantage of the current rates and potentially make savings before the new tariffs come into effect.” It added that “for those on post-paid (estimated) billing, a significant increment is imminent in your monthly billing, starting from August.” Also confirming the hike, the Ikeja Electricity Distribution Company said, “Dear customers, electricity tariffs are set to go higher on July 1st due to the floating exchange rate. “MYTO 2022 set the exchange rate at N441/$1, which may now be adjusted to about N750/$1.We may be looking at a base tariff of N100 per kWh for Band C (12 – 16 supply hours per day). “Bands A (20 hours and above) & B (16 – 20 hours) will be much higher. If you have a prepaid meter, buying bulk energy units for your home or office before the end of the month may help you make some savings before you have to buy at the new rate.” It stated that for those on post-paid (estimated) billing, a significant increment was imminent in your monthly billing, starting from August. “Please take note. Electricity units are set to jump by 30 to 40 per cent in just over a week. You are best advised to buy as many units as you can before July 1.” Source: https://punchng.com/Discos-shun-opposition-insist-on-July-1-tariff-hike
|
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by TemplarLandry: 4:09am On Jun 26, 2023 |
No problem. |
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by bennybuhari: 4:55am On Jun 26, 2023 |
How will a civil servant earning N30k minimum wage survive? And you say you want to fight corruption. Keep deceiving yaself 2 Likes |
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by SmartPolician: 5:47am On Jun 26, 2023 |
The coming months will be extremely tough for a country where 133 million people already live in multidimensional penury. I just hope that Tinubu doesn't increase the crime rates in the country with all these tough fiscal moves. 2 Likes |
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by HelinuesRapebol: 6:15am On Jun 26, 2023 |
Helinues come and praise Bola the cocaine sniffer |
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by Cassandraloius: 6:32am On Jun 26, 2023 |
Why are they so insensitive? 1 Like |
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by Spandy(m): 6:41am On Jun 26, 2023 |
At this point, the best thing to do is to look for money and install solar in my house. |
Re: Discos Shun Opposition, Insist On July 1 Tariff Hike by loosecanon50(m): 6:44am On Jun 26, 2023 |
First, subsidy removal...now electricity tariff hike amid the current hardship in the country. Everyone should just brace up for the looming hard times. Emilokan go give everybody sense las las. 5 Likes 3 Shares |
(1) (Reply)
Yuguda:Buhari Knows The Oil Subsidy Scammers As Minister Of Petroleum / Obaseki To Place Edo-born LASU 1st-class Graduate On Salary, Sponsor Law School / Bolt Driver Suspension
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 30 |