Investogist
No Result
View All Result
Sunday, September 14, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Larry Ellison tops Elon Musk as world’s richest person

    Larry Ellison tops Elon Musk as world’s richest person

    Finland charges Simon Ekpa with inciting terrorism

    Simon Ekpa sentenced to six years in Prison for terrorism offences

    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

    WAEC releases 2025 WASSCE results, how to check yours

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigeria Custom Service begins recruitment

    Nigeria Customs Service Recruitment: 573,000 Applicants Compete for 3,927 Vacancies

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery sets date for Free Fuel Distribution, Slashes Petrol Price to N841/Litre

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

    Regency Alliance Insurance Plc to issue another share bonus

    UBA Plc profit for H1 2021 grew by 36.35% to N60.58 billion

    UBA extends closure of Rights Issue

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Fidson signs partnership agreement to boost specialized medicine production

    Sovereign Trust Insurance Plc obtains approval for a Rights Issue of 2.84bn shares

    Sovereign Trust Insurance to raise ₦20.00 billion new capital

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Beta Glass Plc Shareholders to be presented with a N1.04 dividend for 2020

    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    SIAML Pension ETF 40 announces ₦12.44 interim Dividend

    Cutix Plc founder sells additional 1.8 million shares of the company

    VFD Group Plc Employees and others sell millions of VFD Group shares

    Nigerian Exchange – Stock Market report for the week ended 7th July, 2023

    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Larry Ellison tops Elon Musk as world’s richest person

    Larry Ellison tops Elon Musk as world’s richest person

    Finland charges Simon Ekpa with inciting terrorism

    Simon Ekpa sentenced to six years in Prison for terrorism offences

    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

    WAEC releases 2025 WASSCE results, how to check yours

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigeria Custom Service begins recruitment

    Nigeria Customs Service Recruitment: 573,000 Applicants Compete for 3,927 Vacancies

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery sets date for Free Fuel Distribution, Slashes Petrol Price to N841/Litre

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

    Regency Alliance Insurance Plc to issue another share bonus

    UBA Plc profit for H1 2021 grew by 36.35% to N60.58 billion

    UBA extends closure of Rights Issue

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Fidson signs partnership agreement to boost specialized medicine production

    Sovereign Trust Insurance Plc obtains approval for a Rights Issue of 2.84bn shares

    Sovereign Trust Insurance to raise ₦20.00 billion new capital

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Beta Glass Plc Shareholders to be presented with a N1.04 dividend for 2020

    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    SIAML Pension ETF 40 announces ₦12.44 interim Dividend

    Cutix Plc founder sells additional 1.8 million shares of the company

    VFD Group Plc Employees and others sell millions of VFD Group shares

    Nigerian Exchange – Stock Market report for the week ended 7th July, 2023

    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Discos begin implementation of revised electricity tariff

Monday, 2 November 2020, 11:05 am
in News, Nigeria
0
13 power plants shut, Discos reject 8,733.39MW in one week
Share Share Share Share Send as Email

The implementation of the revised electricity tariff jointly agreed by the organized labour and the Federal Government on Nigerian has commenced.

The Power distribution companies began the implementation of the revised tariff which was reported to be lower than the September 1, 2020 service reflective tariff on 1 November 2020.

The Nigeria Labour Congress stated that the Federal Government would not revert to the September 1, 2020 service reflective tariff that led to a widespread outcry across the country, according to a report by Punch.

Joe Ajaero, the Deputy President, NLC, and the General Secretary, National Union of Electricity Employees, said that the September 1, 2020 hike in tariff had been reviewed downwards in most categories.

Ajaero said, “If you watch the new template, for customers in Bands A and B, there was a reduction of 10 percent and 10.5 percent respectively. For those in Band C, there is a 31 percent reduction.”

“Those in Bands D and E were not increased at all. “NERC is not reverting to the tariff that led to the outcry, rather it would commence the implementation of these adjustments that were done.”

The new tariff which is said to be based on daily hours of electricity consumption will not apply to customers with less than 12 hours of daily electricity supply.

Read more; New Electricity Tariff system explained – know your Band

The Abuja Electricity Distribution Company on Sunday said that the implementation of the revised tariff which has been approved by the Nigerian Electricity Regulatory Commission took effect from November 1, 2020.

“Customers on the pre-paid platform will be the first to experience the revised tariff when they vend from Sunday, November 1, 2020, the firm said according to Punch.

“The revised tariff will reflect in the bills for customers on the postpaid platform when they receive their electricity bill.”

It added, “The tariff is divided into five bands and based on hours of supply to the customers. While customers on Bands D and E have their tariff frozen, those on Bands A, B, and C will see some level of reduction in their tariff as they vend.”

By; Ifunanya Ikueze

Related Posts:

  • NERC Tariff
    Enugu State Electricity Regulator lacks power to…
  • Power plant
    We’ve not been informed of tariff hike suspension - DISCOs
  • Power grid
    Discos can disconnect customers owing electricity…
  • Power plant
    Just in: FG hikes electricity tariff by 50%
Previous Post

Listed Insurance Companies 9M 2020 Financial Statements so far: AIICO, MANSARD, LASACO etc

Next Post

Mechanized Agriculture – Designed and Built in Nigeria for Nigerians

Next Post
Mechanized Agriculture – Designed and Built in Nigeria for Nigerians

Mechanized Agriculture - Designed and Built in Nigeria for Nigerians

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

The New Tax Acts and Tax ID – What You Need to Know

The New Tax Acts and Tax ID – What You Need to Know

Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

Regency Alliance Insurance Plc to issue another share bonus

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

Nigeria Custom Service begins recruitment

Nigeria Customs Service Recruitment: 573,000 Applicants Compete for 3,927 Vacancies

The New Tax Acts and Tax ID – What You Need to Know

The New Tax Acts and Tax ID – What You Need to Know

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

Shareholders of Academy Press Plc to consider share capital increase at AGM

Shareholders of Academy Press Plc to consider share capital increase at AGM

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved