Skip to main content

FG To Review Electricity Tariff Before Implementation – NERC


The Chairman of NERC, Dr Sam Amadi, who was speaking yesterday at a final public consultation on the tariff review in Abuja where Distribution companies (Discos) proposed tariff increases ranging from 5per cent to 83 per cent for residential customers, said it was important that a cost reflective tariff is in place for the sector.

Amadi assured consumers that the commission would not allow the Discos to recover more than necessary, noting that any increase in tariff would be backed by a commitment contract by the discos on service improvement.

According to Amadi, NERC would review the proposals by the Discos and come out with a new tariff regime that ensures that prudent costs by the operators are recovered and at the same time ensures that consumers are protected from undue exploitation.

He said: "What we have done as a responsible regulator is to advance information to consumers and get the kind of feedback we are getting today, I have said it before that this kind of feedback is good for us so that we can be able to gauge the quality of service.

"So what we have done today is to be pro-active, to say to the consumers look at what they have given to us and give us your feel. Ultimately we will go through a proper review and approve a tariff. But even before then we still have to also send it to the government to say, not for the purpose of changing the tariff, but let them know the social economic implication.

"For example, Yola where there is high tariff increase because of obvious security and structural issues, there could be some policy outcome, do we need to provide some subsidy, do we need to hire a management contractor to reduce the level of inefficiency and some others," he explained.

The NERC Chairman, further assured consumers that their views would have huge impact on the final review of the tariff.

Earlier, consumer groups expressed opposition to the planned increase by the discos, insisting that service must improve first, before tariffs are adjusted.

Source: Leadership

Comments

Popular posts from this blog

State House of Assembly collected bribes from commissioner nominees

An N2.4 million bribery scam is rocking the Delta State House of Assembly. SaharaReporters learned that the Speaker, Monday Igbuya, and other members of the State House of Assembly allegedly collected N200,000 bribes from the twelve commissioner nominees forwarded by Governor Ifeanyi Okowa for “screening.” Confiding in a SaharaReporters correspondent, a senior management staff person of the State’s House of Assembly who did not want to be named disclosed that one of the commissioner nominees told him in confidence how the twelve nominees’ arms were twisted to pay N200,000 each. The ultimatum was that without the N200,000 none of them would be cleared by the lawmakers. However, the source said, “If you were around during their screening on the floor of the House, you would have noticed that all the nominees were only told to take a bow” and to go. An aide to one of the commissioners who pleaded anonymity confided in SaharaReporters that the money was definitively give...

EFCC Arrested NAFDAC DG

Two weeks after whistleblowers at the National Agency for Food and Drug Administration and Control (NAFDAC) wrote a powerful petition to President Muhammadu Buhari alleging monumental fraud and waste of funds by its Director-General, Dr. Paul B. Orhii, the Economic and Financial Crimes Commission (EFCC) on Monday swung into action. Dr. Orhii was grilled for several hours on issues relating to fraud and misappropriation of funds worth billions of naira, a source told SaharaReporters. The petitioners had accused the Director-General of awarding frivolous contracts and supplies; manipulating NAFDAC publicity and donations; international air travel racketeering; and compulsory recertification by bottle and sachet water producers.  The complaint listed 14 companies that are being used in the money games at NAFDAC. An EFCC source said Orhii was granted “administrative bail”...

BUHARI: TURNING APPOINTMENTS INTO DISAPPOINTMENTS

   By Jaafar Jaafar Ponder over this Hausa proverb: “sawun keke ba’a gane gabanka”, which roughly translates to “a bicycle’s contact patch does not tell where it comes from or where it heads to”, and see how it aptly describes Nigeria’s president, Muhammadu Buhari. Bearing in mind the current realities in our polity, how would you, in your wildest dream, think the Secretary to the Government of the Federation will come from the North? The very North that has a President, a Senate President, a Speaker, a Head of Service, a Chief of Staff, a Chief Justice, and what not? While Mr. President is likened to the proverbial “sawun keke”, the pigmentation of his appointments may be likened to “birgimar hankaka”, literally meaning the wallow of a pied crow. When a pied crow wallows, the Hausa say, you will see both the white patch on its gullet and the black plumage that covers most of the bird’s body. In the appointment of the GMD of NNPC, President Buhari showed Nigeria...