The Nigerian Electricity Regulatory Commission has officially suspended the electricity tariff hike. The information was released on their official website on Wednesday .
The suspension was reached upon during the meeting of government with the labour unions on the suspension of strike over the hike in electricity tariff and increase in pump price of petrol on Sunday night.
This means all electricity distribution companies are to revert to the old price as at August 31 2020.
It could be recalled that on September first, the electricity tariff was increased to 100% its original value for customers enjoying over 12hours of electricity in a 24hour period.
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