News
Electricity Tariff Hike: See resolutions of Adhoc Committee
The Adhoc Committee comprising Labour Unions and Government representatives have adopted some resolutions in solving the criticism that followed hike in electricity tariff, the Minister of State Labour, Festus Keyamo has revealed.
The minister who is also chairman of the Adhoc Committee highlighted other resolutions which include using Value Added Tax, VAT proceeds to temporarily subsidize tariffs.
Keyamo noted that the committee will work for two more months to resolve other issues that may substantially affect tariff adjustments.
According to him, other immediate reliefs include provision of six million free meters to Nigerians, salary protection for electricity workers, mandatory refund for any over-billing during system transition by the Discos, monthly publication by National Electricity Regulation Commission, NERC of allowed billing of unmetered customers etc.
“Labour & Govt have adopted these Resolutions of the Adhoc Committee I chaired. Highlights include using VAT proceeds to temporarily subsidize tariffs whilst my Committee will work for two more months to resolve other issues that may substantially affect tariff adjustments”.
“Other immediate reliefs include provision of six million free meters to Nigerians, salary protection for electricity workers, mandatory refund for any over-billing during system transition by the Discos, monthly publication by NERC of allowed billing of unmetered customers etc”.
Continue Reading
-
News3 weeks ago
Former Osun PDP Chieftain, Babalola Officially Joins APC, Vows to Deliver Constituency In Future Elections
-
News2 weeks ago
October 17: How Oyetola, others cheated death – By Ismail Omipidan
-
News4 weeks ago
Development In Osun Very Low Compared To Funds Accrued From FG – NIWA Boss, Oyebamiji
-
News3 weeks ago
Community Development: Over 382 Projects executed by Adeleke led Administration – Special Adviser
-
News4 weeks ago
Reviewing President Tinubu’s 64th Independence Day Speech By Reno Omokiri
-
News2 weeks ago
Dental Technologists Urged On Research, Evidence Based Practices – ADTN President, Eyarefe
-
News3 weeks ago
Remi Tinubu Moves To Uplift OAU Horticultural Landscape, To Donate One Billion Naira
-
News2 weeks ago
Ooni @ 50: Palace Unveils Programme Of Events