DisCo breaks silence on planned electricity tariff hike

Amid speculations of an electricity tariff hike from July 1, Ibadan Electricity Distribution Company (IBEDC) has said the Nigerian Electricity Regulation Commission (NERC) has not given the nod.

According to NAN, the Public Relations Officer of IBEDC, Busolami Tunwase, disclosed this in an interview on Saturday.

She said: “I am not aware that NERC has given us any such directive. The commission does the whole thing, and I am not sure it has given such a directive.

“But, any moment we get the directive to that effect, we will announce it, and it will commence based on instructions from NERC.”

DAILY POST learnt that Abuja Electricity Distribution Company, AEDC, is yet to effect any increment in tariff.

Condemnation had greeted the proposed new tariff since it hit the airwave, with stakeholders arguing that the timing of the increment was wrong, following the effect of fuel subsidy removal.

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