Why FG opted for electricity tariff review

Olusola Bello Jun 29, 2020

BEDC management said in a press release over the weekend that it will be complying with the 14days suspension order which was to take effect from September 28th to October 11, 2020 using the rates applicable as at 31st August for its various customers.

Federal Government’s insistence that it would not make available the entire N800 billion, representing the shortfall in the payment the DisCos are supposed to pay for the services of generation and transmission companies for 2020 and 2021 forced it to agree to the tariff review which would be implemented this Wednesday, industry sources have said….

Don’t miss another story

Become a BusinessDay Subscriber today.

For insights, facts, figures, and access to opportunities.
Options starting from N1000 Monthly

Subscribe Now

Already a subsriber?

Get real time updates directly on you device, subscribe now.

Comments are closed.

Forgot your password?

I agree with the Terms

Back to login

#cpp-js-disabled { top: 0; left: 0; color: #111; width: 100%; height: 100%; z-index: 9999; position: fixed; font-size: 25px; text-align: center; background: #fcfcfc; padding-top: 200px; }