The Federal High Court sitting in Lagos has restrained Ikeja Electric PLC and the Nigerian Electricity Regulatory Commission (NERC) from implementing the purported tariff stipulated in the April 2024 Supplementary Order on Tariff Increase On ‘Bank A’ Feeders.
In a ruling on Tuesday, the court held that the tariff comprises those published by Ikeja Electric on April 4, 2024, and/or the May 2024 Supplementary Order On Tariff Increase On “Band A” published on May 6, 2024, on a firm, Rida National Plastics Limited.
Justice Chukwujeku Aneke made the interim injunction after hearing an ex parte application filed by Rida National Plastics’ lawyer Kemi Pinheiro (SAN) with F. Giwa Esq and I. Aderibigbe Esq.
The judge ruled that the order subsists pending Ikeja Electric and NERC’s full compliance with Section 51 of the Electricity Act, 2023, and the hearing and determination of the Motion on Notice for Interlocutory Injunction.
