Ikeja Electric Suspends Tariff Hike

Yemisi Izuora

Ikeja Electric on Thursday said it has suspended the new electricity tariff for the next two weeks in compliance with the Nigerian Electricity Regulatory Commission (NERC) directive.

“Dear Esteemed customers, this is to inform you that we have fully complied with the Order from the NERC to suspend the new Service Reflective Tariff (SRT) for the next two weeks,” Ikeja Electric said in its statement.

“Within this period, the tariffs for all customers shall be based on rates applicable as at 31 August 2020,” it added.

This suspension of tariff increment came days after NERC ordered the suspension of the new tariffs following a protest from labour unions.

The increment was part of the reasons labour unions threatened to hold a nationwide strike last Monday.

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