Thursday, 28 May 2015

Court Stops Tariff Increment By Electricity Firms

From Today's Punch:

A Federal High Court in Lagos has barred the Nigerian Electricity Regulatory Commission from giving effect to its proposed increment in electricity tariff.

Justice Mohammed Idris made the order on Thursday after a Lagos-based lawyer, Mr. Toluwani Adebiyi, moved an ex parte application to that effect.

The Chairman of NERC, Dr. Sam Amadi, had, at a recent press conference in Abuja, disclosed the plan by the commission to implement an upward review of electricity tariff payable by Nigerians.

The proposed increment, Amadi said, was billed to commence from June 1,2015.

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