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    July 1: No directive on electricity tariff hike – IBEDC

    David GreatBy David GreatJuly 2, 2023No Comments2 Mins Read
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    The Ibadan Electricity Distribution Company (IBEDC) has said that Nigerian Electricity Regulation Commission (NERC) has yet to give a directive on the new electricity tariff earlier scheduled to commence on July 1.

    The Public Relations Officer of IBEDC, Ms. Busolami Tunwase, stated this in an interview with NAN in Ibadan on Saturday.

    She said: “I am not aware that NERC has given us any such directive. It is the commission that 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,” Tunwase said.

    NAN recalls that condemnation had greeted the proposed new tariff since the news hit the airwave, with stakeholders arguing that the timing of the increment was wrong, given the poor service delivery of most of the electricity distribution companies.

    • Electricity Subsidy: Over 40% tariff to hit Nigerians July 1

    NAN also observed that IBEDC offices were besieged by lots of customers seeking to buy energy ahead of the commencement of the new tariff.

    The customers were, however, disappointed, as they could not purchase the energy due to complaints of congestion and network hitches by the company.

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    SERAP, NGE urge action on press freedom in Nigeria, citing insecurity, rights abuses, and the need to protect journalists.

    Court orders SERAP to pay DSS officials N100m over defamation

    May 5, 2026
    Gunmen kill 6, injures 8 in Plateau attack

    Gunmen kill five in another Plateau attack

    May 5, 2026
    Zenith Bank has authorized the appointment of Mustafa Bello as the new chairman of the bank following the expiration of the tenure of its founder and group chairman, Jim Ovia.

    Mustafa Bello replaces Jim Ovia as Zenith Bank chairman

    May 5, 2026
    Tinubu request forces Ayade out of Cross River senate race

    Tinubu request forces Ayade out of Cross River senate race

    May 5, 2026
    Jim Ovia, founder of Zenith Bank

    Jim Ovia retires as Zenith Bank chairman

    May 5, 2026
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