Electricity Consumers Reject Proposal For Monthly Tariff Review

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Electricity Consumers Reject Proposal For Monthly Tariff Review
The proposal by the Nigerian Electricity Regulatory Commission to review power charges on a monthly basis has been rejected by the Manufacturers Association of Nigeria and other key consumers of electricity.

This was made known at a stakeholder’s forum organized by NERC in Abuja on Monday, where the consumers insisted on the status quo, which implies a possible review of the tariff on a biannual basis.

In its submission, NECAN said that any increase in the tariff would adversely affect consumers. Similarly, MAN said that a more frequent review of the tariff in the electricity industry would harm the manufacturing sector.

Noting that the last tariff review resulted in 95 percent increase in charges, the NECAN Chairman, Mr. Tomi Akingbogun, urged the Federal Government to protect consumers’ interest in the electricity industry.

Also read; Electricity Consumers Reject Proposal For Monthly Tariff Review Fashola Finally Explains Why Nigeria Sells Power To Countries With Better Power Supply

He also urged NERC to ensure that all electricity consumers were metered before considering any tariff review.

The President, HOFA, Mr. Eze Ude, said

since hoteliers did not review their rates on a monthly basis, it was not rational to expect them to pay different electricity tariffs every month.

However, the representatives of the Eko and Ibadan electricity distribution companies backed the plan by NERC as they claimed that their invoices vary on monthly basis.

Present at the meeting was the Manufacturers Association of Nigeria, Nigerian Electricity Consumers Advocacy Network, Representatives of several DISCO’s, the Association of Nigeria Electricity Distributors, and the Hotel Owners Forum Abuja.

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