SYPSG INAUGURATES NEW EXECUTIVE COMMITTEE IN 21 LGAs. (PHOTOS). #PRESS RELEASE

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 SYPSG INAUGURATES NEW EXECUTIVE COMMITTEE IN 21 LGAs By Ifeoma Aniagbado   The Solution Youth Preneur Support Group (SYPSG) Executive Committee has been inaugurated in 21 LGAs of Anambra State to pilot the affairs of the youth in the LGAs  The inaugural ceremony which held at Government House, Awka was well attended by prominent people and some state government officials. The Commissioner for Youth Development, Mr. Patrick Agha Mba, announced that a transformative milestone has been reached in the journey that began in October 2022, when Governor Chukwuma Soludo launched the highly acclaimed 1 Youth 2 Skills Solution initiative that marks a significant turning point, revealing a brighter future for the youth.  The Commissioner noted that the progress made so far is a testament to the governor's visionary and youth-friendly leadership. He stated that on Friday, October 27, 2023, the governor spent a total of N2b as grant for start-up and business expansion for 5,000 beneficiaries i
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WE'LL INCREASE TARIFF NEXT WEEK- ABUJA ELECTRICITY DISTRIBUTION COMPANY ALERTS CONSUMERS.(PHOTO).

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We’ll increase tariff next week- Abuja Electricity Distribution Company alerts consumers

The Abuja Electricity Distribution Company (AEDC) has notified its customers of an increase in electricity tariff effectively from July 1 2023. In a statement released on Sunday, June 25,  AEDC stated that the review was due to the fluctuation of the Naira in the exchange rate.

The statement reads

“Effective July 1st 2023, please be informed that there will be an upward review to the electricity tariff influenced by the fluctuating exchange rate.”

Under the MYTO 2022 guidelines, the previously set exchange rate of N441/$1 may now be revised to approximately N750/$1 which will have an impact on the tariffs associated with your electricity consumption.”

For customers within band B and C, with supply hours ranging from 12 to 16 per day, the new base tariff is expected to be N100 per kWh while Bands A with (20 hours and above) and B (16 to 20 hours) will experience comparatively higher tariffs.

For customers, with a prepaid meter, we encourage you to consider purchasing bulk energy units before the end of this month as this will allow you take advantage of the current rates and potentially make savings before the new tariffs come into effect.

For those on post-paid (estimated) billing, a significant increment is imminent in your monthly billing, starting from August.”


 

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