Press Release

13 July 2016

Our attention has been drawn to a publication on Daily Trust publication of Tuesday, July 12, 2016, alleging that

Power firms have written to the Nigerian Electricity Regulatory Commission (NERC) demanding an upward review of electricity tariffs by 100%.

We wish to state that YOLA ELECTRICITY DISTRIBUTION COMPANY (YEDC) did not write to NERC or demand for further review of electricity tariffs neither did we mandate any group or body to write to NERC on our behalf to demand for a 100% increase in tariff hike.

We kindly advise our esteemed customers to disregard any such statement about tariff increase. YEDC remains committed to the last NERC approved tariff that came into effect from 1st of February, 2016.

Thank you