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Nigerian Government Suspends Plan To Increase Electricity Tariff

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The Nigerian Electricity Regulatory Commission (NERC) has backed down on its earlier plan to raise electricity tariffs effective April 1 this year.

In a directive issued on Tuesday titled: “Order on the Transition to Cost Reflective Tariffs in NESI,” the commission announced its decision not to go ahead with the increase.

“There shall be no increase in tariff of end-use customers on April 1, 2020,” the commission announced on its official Twitter handle.

Order 198/2020 says, ‘There shall be no increase in tariff of end-use customers on April 1, 2020. Performance Improvement Plan will form the basis for future tariff review. For more on Order198/2020https://t.co/COvLD3gDSJ @MobilePunch @vanguardngrnews @AIT_Online @channelstvbiz

— NERC Nigeria (@NERCNG) March 31, 2020

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Order 198/2020 says there shall no increase in end-use electricity customers on April 1, 2020. For details on Order 198/2020 https://t.co/OjQ8WDnMxw @PremiumTimesng @dailytrust @LeadershipNGA @businessdaynews @GuardianNigeria @business @BBCWorld @CNNAfrica @thecableng @TheSun

— NERC Nigeria (@NERCNG) March 31, 2020

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1. @NERCNG issues Order no- 198/2020 entitled ‘Order on the Transition to Cost Reflective Tariffs in NESI.’ The Order directs operators to submit a performance improvement plan (PIP) committing them to a higher quality of service. It retains the existing tariff regime

— NERC Nigeria (@NERCNG) March 31, 2020

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Instead, the commission asked operators in the power sector, including electricity generation and distribution companies, to submit a performance improvement plan (PIP) committing them to a higher quality of service.

The agency said the existing tariff regime would be retained, while the performance improvement plan would form the basis for future tariff review.

The commission did not say when the new electricity tariff would be executed.

On December 31, 2019, NERC had announced its plans to immediately review electricity tariffs in the country from January 1.

The order, titled “December 2019 MYTO Minor Review Order” for the 11 electricity distribution companies (Discos) was jointly signed by the Chairman of the Commission, Joseph Momoh, and the Commissioner for Legal, License & Compliance, Dafe Akpeneye.

However, the commission clarified later that the new tariff regime would not take effect until April 1, 2020, to allow it sufficient time to consult all the interest groups following misgivings by many Nigerians.

The federal government had also offered to continue to subsidize the gap in electricity cost to consumers pending the adjustment in tariffs.

The NERC order involved the review of the electricity tariffs chargeable by the 11 DISCos for all categories of consumers in the country, except the residential category (R1).

But a review of new tariffs by PREMIUM TIMES showed price increases would have ranged between 60 percent in places like Ikeja, to about 73 percent in Abuja, and about 78 percent in Enugu.

For instance, residential consumers, particularly those categorized as R2, in Ikeja, who have been paying about N13.34 per kilowatt-hour (kWh) under the 2015 MYTO would be paying about 59.7 percent increase.

Similarly, their counterparts in Enugu, who have been paying about N17.42 per kWh since 2015 will be paying about N30.93 kWh, about 77.6 percent hike under the new dispensation.

Consumers in Abuja and environs who have been paying N27.20 per kWh since 2015, will be paying N47.09 per kWh, over 73 percent increase.

Except for consumers in the Residential (R1) category, who will continue to pay N4 per kWh, all other categories of consumers, namely commercial, industrial and special, will pay higher tariffs, some as high as over 100 percent.

The R1 are those categorized as poor under the life-line group consuming about 50 kWh or less.

The R2 consumers are those residing in houses, flats, or multi-storeyed buildings and using single or three-phase meters. These consist of the bulk of the consumers spread across the country.

R3 consumers are those who reside in houses, flats or multi-storeyed buildings, but use low voltage maximum demand load, while their R4 counterparts use high voltage maximum demand load (11|33kV).

Tuesday’s directive, however, means there will be no increase in the tariffs for now.

BIG STORY

BREAKING: Court Grants Yahaya Bello N500m Bail Amid “N110.4bn Fraud” Case

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The Federal Capital Territory High Court in Abuja on Thursday granted the immediate past Kogi State Governor, Yahaya Bello, bail in the sum of N500 million and three sureties.

The trial judge, Justice MaryAnne Anenih, made the pronouncement after hearing the fresh bail application brought before the court following the court’s refusal to grant Bello bail at the previous sitting.

Bello, alongside two others, Umar Oricha and Abdulsalami Hudu, are facing trial on 16 counts brought against them by the Economic and Financial Crimes Commission, concerning criminal breach of trust and money laundering amounting to N110.4 billion.

However, the court granted bail to the second and third defendants in the sum of N300 million with two sureties, along with other conditions.

Outlining the conditions for Bello’s bail, the judge stated that the sureties must be responsible citizens who are landowners in any of the listed areas in Abuja – Maitama, Guzape, Apo, Wuse 2, or Asokoro.

She ordered that the sureties must deposit the documents of the property with the court’s registrar, along with two recent passport photographs.

Justice Anenih also ordered that Bello must deposit two copies of his recent passport photograph, alongside a photocopy of a means of identification, which could either be an International Passport or National Identity card, after presenting the original to the court’s registrar.

She ruled, “The first defendant must not travel without the permission of this court, and he shall remain in the Kuje Correctional Facility until the bail conditions are met.”

Recall that on December 10, the court had rejected Bello’s bail request, citing procedural irregularities in the filing of the application.

Justice Anenih, while delivering the ruling, explained that the application was premature and filed before Bello was present in court or custody.

The court noted that the bail application, dated November 22, 2024, was submitted before Bello’s arraignment, which took place on November 27, 2024, days after he was taken into custody on November 26, 2024.

She said, “Having not been filed when the first defendant was either in custody or before the court, this instant application is incompetent.”

“Consequently, the application, having been filed prematurely, is hereby refused.”

 

More to come…

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BIG STORY

‘N110bn Fraud’: Court To Hear Yahaya Bello’s Fresh Bail Application Today

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A Federal Capital Territory (FCT) High Court will today hear the bail application filed by Yahaya Bello, former governor of Kogi.

Bello and his co-defendants, Umar Shoaib Oricha and Abdulsalami Hudu, were arraigned on November 27 before the FCT court on a 16-count charge related to alleged money laundering amounting to N110 billion.

On December 10, Maryann Anenih, the trial judge, adjourned the case to January 29 and 30, and February 25 and 27, after refusing to grant bail to the former governor.

The trial judge declined Bello’s bail request on the grounds that the application was filed prematurely.

Anenih stated that the bail application was submitted before the ex-governor was taken into custody.

The judge emphasized that the provisions of the Administration of Criminal Justice Act (ACJA) 2025 stipulate that bail applications could be tendered once a defendant has been arrested, detained, arraigned, or brought before the court.

Although Bello was arrested by operatives of the Economic and Financial Crimes Commission (EFCC) on November 26 and arraigned the following day, his bail application was filed on November 22, four days before his arrest.

Bello’s legal team, led by Joseph Daudu, has filed a new bail application, and the court has agreed to hear the application on December 19.

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BIG STORY

Buhari Didn’t Remove Petrol Subsidy Because He’s Friend Of The Poor — Femi Adesina

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Femi Adesina, spokesperson to former President Muhammadu Buhari, said his principal did not remove the petrol subsidy because he cared about its implications on “ordinary” Nigerians.

In a tribute to commemorate Buhari’s 82nd birthday on Tuesday, Adesina said the decisions of the former president were based on his love for “poor and underprivileged” Nigerians.

Adesina mentioned that the Buhari-led administration was aware that the country was spending huge resources on the petrol subsidy.

The former presidential spokesperson described Buhari as “ore mekunu,” a Yoruba phrase that means friend of the poor.

Adesina recalled that during the 2020 COVID-19 lockdown, Buhari instructed Zainab Ahmed, the former Minister of Finance, to ensure the timely payment of workers’ salaries and pensions.

He added that Buhari understood the challenges workers faced during the pandemic and was determined to avoid the additional burden of unpaid salaries.

“The Big Elephant in the room. Removal of fuel subsidy. Did you think the Government didn’t know that the money guzzling monster had to be slain? It knew,” Adesina wrote.

“But who ensured that subsidies remained as long as they did? Buhari. And why? The people, the ordinary people. His argument was always simple:

“When oil sold for at least 100 dollars per barrel in the international market, rising even to as high as 140 dollars per barrel, what did the ordinary people gain? Nothing! So why should they be the ones to bear the brunt when oil prices fall?”

“By the time the administration ended, all, including the three main presidential candidates, were resolved that oil subsidies had to be removed.

“It was not unlikely that President Buhari shared the same conviction. But something that would throw society into a tailspin? He didn’t want to do it—for the sake of the ordinary people.

“Ordinary people gravitate towards Buhari, like bees to the honeycomb. That was why he always had a basket of millions of waiting votes, even before the first ballot was cast.

“He clobbered the ruling People’s Democratic Party in 2015, and won with even larger votes in 2019, despite all attempts to denigrate and demarket him. When you love the ordinary people, they love you in return, and stand with you through thick and thin.

“Now almost two years into retirement, get to Buhari’s house today. And you see the people milling around, just wanting to get a glimpse of the man.

“As he turns 82 on December 17, 2024, I salute the Ore Mekunu, a friend of the poor, who still draws the people like a magnet, even in retirement.”

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