NEW YEAR PACKAGE: DISCOS INCREASE ELECTRICITY TARIFFS JANUARY 1!

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NEW YEAR PACKAGE: DISCOS INCREASE ELECTRICITY TARIFFS JANUARY 1!

Electricity Distribution Companies (DisCos) in Nigeria will hike their tariffs with effect from January 1, 2024.

A source from one of the electricity distribution companies who confirmed the development said a virtual emergency meeting was held in that regard.

“All has been perfected for the new tariff to take effect from the first of January, 2024,” the source said on the condition of anonymity.

“It is now left for various electricity distribution companies to enlighten their customers on new developments,” he added.

The source noted that the National Electricity Regulatory Commission (NERC) had already invited distribution companies for a meeting on the development.

He expressed fear that while it is mandatory for electricity distribution companies to regularly evaluate tariffs every six months, the recent increase would meet customers’ dissatisfaction.

“In fact, we were perturbed by the short notice and how we would reach out to our customers about the increase,” he said.Asked how much the increase would be, he said, “No idea so far, but the uncertainty has put us in a difficult situation.”

About Dons Eze

DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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