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The Technical Working Group (TWG) on Utility Tariffs has stated that a 50 per cent increase in the price of electricity is not sustainable. This is because the revenue that will accrue from that increase will not be able to cover the production and transmission cost. The analysis...

The technical committee set up by government to review the recent tariff increment has presented its report to government. The committee was set up to review the recent tariff increments. The committee was among other things, tasked to review the tariff increment in order to...

Implementation of the automatic tariff adjustment formula will not eradicate the funding shortfall of utility service providers, the Public Utilities Regulatory Commission has said. Utility service providers, ECG and VRA, in a proposal submitted to PURC requested a 166% and 128%...

Deputy Information Minister, Ibrahim Murtala Mohammed is appealing to the Trades Union Congress (TUC) to reconsider its decision to embark on a nationwide strike if the recent tariff increment is not revised. Organized labour led by TUC issued a ten day ultimatum to government...