40% Electricity Tariff Hike Too Much: Senate Asks NERC To Suspend New Fee - Leystradamus.Com.Ng

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Tuesday, February 16, 2016

40% Electricity Tariff Hike Too Much: Senate Asks NERC To Suspend New Fee

Below is a statement from the on the contentious matter of electricity tariff hike:
“Today, the 8th Senate directed the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the February 1st, 2016 tariff hikes, which are estimated to be upwards of 40 per cent. 
This move is necessary because any increase in cost, without the necessary improvement in service delivery by the power companies is unacceptable. 
Furthermore, the power distribution companies must work to ensure that every establishment in Nigeria is provided with capabilities for metered billing. 
Doing this would end the sharp practice of arbitrary billing, which estimates the power consumption of Nigerians in the generation of their monthly bills.”

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