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Ibadan electricity suspends the new tariff

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By Gift Habib

The Ibadan Electricity Distribution Company (IBEDC), has suspended the new tarriff.

It said that the action was in line with the Nigerian Electricity Regulatory Commission’s directive on the suspension of the Service Reflective Tariff (SRT).

The action which is contained in a statement signed by Angela Olanrewaju, the company’s Head, Branding and Corporate Communication was made available to the media on Saturday, in Ibadan.

The company in the statement titled ‘Notice of suspension of the Service Reflective Tariff (SRT), said it had suspended the new tariff.

“IBEDC has complied with the directive and reverted to the old tariff as of Aug. 31, 2020.

“As such, tokens purchased for prepaid customers will be based on the old tariff rates and the next billing cycle for postpaid customers will equally reflect the same.

“Thank you for your continuous support and understanding,” the IBEDC said.

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