There has been some confusion over the purported plan to hike electricity tariffs from July 1.
Yesterday, the DisCos clarified that they had not got the approval of the Nigerian Electricity Regulatory Commission (NERC) to hike tariffs.
Also, the Abuja Electricity Distribution Company (AEDC) backtracked on its earlier announcement of a tariff increase, barely 18 hours after it issued a notification.
The Chief Executive Officer, Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf, said the proposed review smacked of insensitivity.
His position is in line with that of the Manufacturers Association of Nigeria, MAN, the NLC, the TUC and other business organisations.
The AEDC, in a public announcement to its customers, urged them to ignore its previous announcement of upward tariffs review.
The company noted that NERC was yet to approve the increase.
