Skip to main content

Government’s Suspension Of New Electricity Tariff Is Only A Temporary Relief, Says MAN

The Manufacturers Association of Nigeria (MAN) has said the Nigerian government’s directive to the National Electricity Regulatory Commission (NERC) to suspend the implementation of the new electricity tariff till the conclusion of the Joint Ad Hoc Committee’s work at the end of January 2021, is only a temporary relief.

In a statement on Thursday, the Director General of MAN, Segun Ajayi-Kadir, said even if the increase was reconsidered during this period, there was no doubt that the NERC had already anticipated it.


He said, “Apparently, the three weeks’ respite is to accommodate the spirit of the agreement between labour and the Federal Government on tariff increase since last year. 

“Even though there is a possibility that the increase may be reconsidered during this period, there is no doubt that the NERC is already anticipating an increase. This is why the calls for circumspection and pragmatism in the matter of increase remains relevant. No matter what becomes the outcome of the Ad-Hoc Committee’s work, an increase at this time is ill-timed and not manufacturing friendly.”

Ajayi-Kadir urged the government to go beyond the reasons given for the suspension and include consultations with other economic actors, including manufacturers. 

“They are the major consumers of electricity and they are the ones whose businesses would be most impacted by the increase,” he said.

He said the sector was already groaning under a harsh operating environment, including the debilitating impact of COVID-19 disruptions and deteriorating infrastructures. 

“It is important for us to avoid this additional burden,” he noted.

Energy

News

AddThis

Original Author

SaharaReporters, New York

Disable advertisements

from 24HRSNEWS
via 24HRSNEWS



from EDUPEDIA247https://ift.tt/3orInci
via EDUPEDIA

Comments

Popular posts from this blog

The beautiful model Christina Evangeline: age, ethnicity, net worth, husband, baby

The art of modelling is more than merely putting on designer clothes and hitting the runway. It requires a lot of effort, self-care, determination, and an energetic spirit. Christina Evangeline, who is very attractive and beautiful, is a model who dedicated all her energy into this esteemed career. Fame and plenty of public attention came with her job, and she continues to show young women that success does not come overnight. It requires hard work and passion! Image: instagram.com, @yoevangeline Source: Instagram Who is Christina Evangeline ? According to the Christina Evangeline biography, she is a model who is best known for being Kenan Thompson’s wife. Christina was born on the 24th of March 1989 in the United States of America. Currently, Christina Evangeline age is 30 years. Her nationality is American, and she identifies herself as a Christian. Christina Evangeline ethnicity is White, and her Zodiac sign is Aries. Christina Evangeline race is Caucasian. Details of her paren...

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...

Learn how to clean washing machine in a surprisingly easy way

All machines can break down one day, and your washing machine is no exception. Knowing how to clean washing machine timely and effectively will help you reduce or even avoid additional expenses on servicing. Right now, you will be surprised to discover how easy it is! You do not even need any additional devices to do this except the ones that you already have in your house! Image: pexels.com Source: UGC A washing machine is an essential device in a modern home, but it has its own temper and demands! It reacts to the softness of water and quality of detergents that you use. In separate cases, the frequency and intensiveness of washing cycles can play their part. Now, it is time to discover several simple and cheap methods of cleaning of the essential parts of your little helper, to remove unpleasant odours, mould, and scale. The most important tips: how to clean washing machine How often is it necessary to do this cleaning? What do you think? Specialists insist on once in ...