AEDC management made the appeal in a statement on Monday in Abuja.The Abuja Electricity Distribution Company has appealed to its customers to disregard the planned tariff increase as approval for such an increment had not been received.“Please disregard the circulating communication, regarding the review of electricity tariffs. Be informed that no approval for such increments has been received. We regret any inconvenience.
“Under the MYTO 2022 guidelines, the previously set exchange rate of N441/1 dollar may now be revised to approximately N750/1 dollar which will have an impact on the tariffs associated with your electricity consumption. AEDC said that for those on post-paid billing, a significant increment is imminent in their monthly billing, starting from August.It provided a 15-year tariff path for the Nigerian electricity industry with limited ‘minor’ reviews each year in the light of changes in a number of parameters.