The Nigerian Electricity Regulatory Commission (NERC) has issued an order suspending the electricity tariff hike from September 28 to October 11, 2020.
“Following a joint communique issued by the Federal Government of Nigeria and the labour unions, the FGN agreed that the recent review in electricity tariffs would be suspended by the Commission for a period of 14 days to further consultations of negotiations between the parties,” the Commission said in an order published Tuesday night.
The Commission said it was part of a team along with the Secretary of government and ministers that issued the communique which the Commission duly accepts as a general policy direction in accordance with section 33 of ESPRA.
NERC directed all DisCos that “all tariffs for end-use and market obligations of the DisCos during the 14-day suspension shall be computed on the basis of rates applicable as at August 31, 2020.
The order was signed by NERC chairman, James Momoh and Dafe Akpeneye, commissioner, legal, licensing and compliance.
Isaac Anyaogu is an Assistant editor and head of the energy and environment desk. He is an award-winning journalist who has written hundreds of reports on Nigeria’s oil and gas industry, energy and environmental policies, regulation and climate change impacts in Africa. He was part of a journalist team that investigated lead acid pollution by an Indian recycler in Nigeria and won the international prize - Fetisov Journalism award in 2020.
Mr Anyaogu joined BusinessDay in January 2016 as a multimedia content producer on the energy desk and rose to head the desk in October 2020 after several ground breaking stories and multiple award wining stories. His reporting covers start-ups, companies and markets, financing and regulatory policies in the power sector, oil and gas, renewable energy and environmental sectors
He has covered the Niger Delta crises, and corruption in NIgeria’s petroleum product imports.
He left the Audit and Consulting firm, OR&C Consultants in 2015 after three years to write for BusinessDay and his background working with financial statements, audit reports and tax consulting assignments significantly benefited his reporting.
Mr Anyaogu studied mass communications and Media Studies and has attended several training programmes in Ghana, South Africa and the United States
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