Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Presco Declares N10 as Interim Dividend on Weak Earnings Performance

    July 30, 2026

    Customs Begins 2026 Tariff Reforms

    July 30, 2026

    First Lady Empowers 1000 Petty Traders in Ile-Ife with N50m

    July 30, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Presco Declares N10 as Interim Dividend on Weak Earnings Performance
    • Customs Begins 2026 Tariff Reforms
    • First Lady Empowers 1000 Petty Traders in Ile-Ife with N50m
    • U.S. Fed Now Hostage To A War Thousands Of Miles Away:  CEO
    • Oil Climbs as Drone Hits US LNG Tanker, Iran Sanctions Expanded
    • Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth
    • Wema Bank Slides as EPS Moderated by 20% in H1-2026
    • Sterling Holdings Drops by 7% as Earnings Per Share Sinks
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Thursday, July 30
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » NERC Yet to Give Directive ON Electricity Tariff Hike – IBEDC

    NERC Yet to Give Directive ON Electricity Tariff Hike – IBEDC

    Marketforces AfricaBy Marketforces AfricaJuly 1, 2023 News No Comments2 Mins Read
    NERC Yet to Give Directive ON Electricity Tariff Hike – IBEDC
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    NERC Yet to Give Directive ON Electricity Tariff Hike – IBEDC

    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 the News Agency of Nigeria (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.

    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.

    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. # NERC Yet to Give Directive ON Electricity Tariff Hike – IBEDC

    Nigerian Treasury Bills Yield Rises to 7%

    IBEDC NERC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Presco Declares N10 as Interim Dividend on Weak Earnings Performance

    Customs Begins 2026 Tariff Reforms

    U.S. Fed Now Hostage To A War Thousands Of Miles Away:  CEO

    Oil Climbs as Drone Hits US LNG Tanker, Iran Sanctions Expanded

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    Wema Bank Slides as EPS Moderated by 20% in H1-2026

    Add A Comment

    Comments are closed.

    Editors Picks

    Presco Declares N10 as Interim Dividend on Weak Earnings Performance

    July 30, 2026

    Customs Begins 2026 Tariff Reforms

    July 30, 2026

    First Lady Empowers 1000 Petty Traders in Ile-Ife with N50m

    July 30, 2026

    U.S. Fed Now Hostage To A War Thousands Of Miles Away:  CEO

    July 30, 2026

    Oil Climbs as Drone Hits US LNG Tanker, Iran Sanctions Expanded

    July 30, 2026
    Latest Posts

    Presco Declares N10 as Interim Dividend on Weak Earnings Performance

    July 30, 2026

    Customs Begins 2026 Tariff Reforms

    July 30, 2026

    U.S. Fed Now Hostage To A War Thousands Of Miles Away:  CEO

    July 30, 2026

    Oil Climbs as Drone Hits US LNG Tanker, Iran Sanctions Expanded

    July 30, 2026

    Consolidated Hallmark Maintains Bullish Profile, Boosts Investors’ Wealth

    July 30, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.