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NERC had proposed tariff increase
effective from June 1, but the judge
restrained NERC and the electricity
distribution companies from making
any increment in electricity tariff.
Idris gave the order in a ruling on an
ex-parte application filed by a Lagos
lawyer, Toluwani Adebiyi, against
increase in electricity tariff.
“When you look at the economic
indices, there is high increase of
dollars in terms of exchange rate
against naira, while prices of other
things have also gone up.
“Gas supply is also another issue,
which has been increased drastically
by gas suppliers, and they now feel
reluctant to sell gas to industrialists
due to price differential.
“But we cannot just commence
increase of electricity tariff without
informing the regulators, which will in
turn fix the appropriate tariffs.”
They said customers would not take it
lightly with the company if after the
tariff adjustment there was no
improvement in the electricity supply
within their networks.