Nigeria, June 30 -- Electricity distribution companies in Nigeria (DisCos) have agreed to suspend the planned increase in electricity tariff after a meeting with the National Assembly leadership, an official has said.

The DisCos reportedly agreed to suspend the increase till the first quarter of next year while the leadership of the National Assembly has promised to meet with President Muhammadu Buhari on the issue.

The DisCos, however, said if the planned hike is eventually deferred till next year, the government should continue to bear the difference in the present tariff and what was considered as the appropriate tariff.

Details of the meeting were made known in a statement by Ola Awoniyi, the media aide to Senate President Ahmad La...