NERC unveils new tariff regime, removes fixed charges Augustine Okezie Abuja and Opeoluwani Akintayo
ÎÎÎNigerian
Electricity Regulatory Commission (NERC) on Monday in
Abuja unveiled a new electricity tariff regime while removing fixed charges for all classes of electricity consumers. A statement from the Public Relations department of the commission
which was made available to newsmen, said from the next billing period, distribution companies will no longer charge their customers monthly fixed charges. The statement further
disclosed that under the new tariff regime, electricity consumers will now only pay for what they consume from Continued on page 2
dailytimesng
https://plus.google.com/+DailytimesNgr/posts
www.facebook.com/dailytimesngr
https://twitter.com/DailyTimesNGR
TUESDAY, DECEMBER 22, 2015 VOL. 2. NO. 6
GAINERS
N150
LOSERS
NSE GAINERS AND LOSERS AS AT 21st December 2015.
DANGCEM
150.01
152.05
2.04%
ETI
16
16.7
0.7%
NESTLE
800
790
-10%
FLOURMILL
21
19.95
-1.05%
GUARANTY
19.05
20
0.95%
UBN
5.7
5.98
0.28%
MOBIL
125.84
120
-5.84%
UACN
19
18.75
-0.25%
Arms deals caused our current crisis – Buhari
Ï ƑƏƐ Ə Ɛ # ƑƊƈè Ƒ ƑƗ è d Ƌƈ Ƒè Ƈ Ə Ɠ è d ƈƏ Ƅ ƈƋ Ï Ɗ 6 Ə ƌ Ɨ ƈƐ Ɠ ƕ Ƈ ƋƈƇƆ ƌƑ Ɛ ƄƆ ƗƆƇƆ ƐƆƗè ƕ ƏƈƐƈ #ƆƇƆ ƅƆ dƆƅê Ƈ dƐ ƐƆ Egena Egena, Abuja and Andrew Orolua, Abuja
ÎÎÎPresident
Muhammadu Bu-
hari on Monday declared that the procurement of arms for the nation’s armed forces by the immediate past administration was
compromised as due process was not followed. He said, however, that his administration was taking urgent
and appropriate actions to restore order, due process and probity to the processes. Buhari spoke at a meeting with
the British Secretary of State for Defence, Mr. Michael Fallon at the Continued on page 2
British Secretary of State for Defence, Rt. Hon. Michael Fallon (fourth from left); President Muhammadu Buhari; British High Commissioner to Nigeria, Mr. Paul Arkwright; Minister of Defence, Mohammed Dan-Ali; Minister of Foreign Affairs, Geoffrey Onyema; Chief of Staff to the President, Alhaji Abba Kyari and other members of Fallon’s delegation when he paid a courtesy visit to Buhari at the Presidential Villa, Abuja… yesterday
Fuel scarcity: Nigerians paying for sins of Jonathan’s administration – FG g2 Micro gB1 finance banks face financing, market challenges
Fredrick SLeonard: EMIT From g L1 modelling to stardom
KOGI 2015: g 8 Provision for free, fair, credible poll led to supplementary election – Okoye
ISIS’ figures on Boko Haram killings false – FG g6