Ikeja electricity company suspends tariff hike for two weeks

THE Ikeja Electricity Distribution Company (IKEDC) has announced the suspension of electricity tariffs for two weeks.

IKEDC made this known in a statement titled ‘ Implementation of NERC’s directive on electricity tarriff posted on its official Twitter handle on Thursday.



    “This is to inform you that we have fully complied with the Order from the Nigerian Electricity Regulatory Commission (NERC), to suspend the new Service Reflective Tariff (SRT) for the next two weeks,” the statement read.

    The company added that within that period of two weeks, it would charge its customers on rates applicable before the hike.

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

    The company’s announcement followed an agreement between the Nigeria Labour Congress (NLC), Trade Union Congress (TUC) and the Federal Government of Nigeria to suspend aa nationwide strike over the increase in electricity tariffs and fuel prices in Nigeria.


    Lukman Abolade is an Investigative reporter with The ICIR. Reach out to him via [email protected], on twitter @AboladeLAA and FB @Correction94

    Join the ICIR WhatsApp channel for in-depth reports on the economy, politics and governance, and investigative reports.

    Support the ICIR

    We invite you to support us to continue the work we do.

    Your support will strengthen journalism in Nigeria and help sustain our democracy.

    If you or someone you know has a lead, tip or personal experience about this report, our WhatsApp line is open and confidential for a conversation


    Please enter your comment!
    Please enter your name here

    Support the ICIR

    We need your support to produce excellent journalism at all times.

    - Advertisement


    - Advertisement