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The Nigerian Electricity Regulatory Commission (NERC) plans to increase
tariffs for residential consumers to June this year while charges for
other consumers have taken effect from January first, ChannelsTv
informs.
Speaking at the news conference in Abuja, Dr Sam Amadi, the chairman of the NERC revealed that the freeze in charges for residential consumers, who constitute about 80 per cent of the electricity consumers, was aimed at promoting the interest of consumers as well as stimulate operators to serve consumers better.
Dr Amadi stresses that he is worried over the rate of meter deployment by electricity distribution companies in-spite of the credited advancement payment initiatives.
He also added that since private companies took over ownership of some unbundled government stake in the power sector, new owners have said they needed to increase tariff in order to meet the needed increase in generating capacity of the plants.
Speaking at the news conference in Abuja, Dr Sam Amadi, the chairman of the NERC revealed that the freeze in charges for residential consumers, who constitute about 80 per cent of the electricity consumers, was aimed at promoting the interest of consumers as well as stimulate operators to serve consumers better.
Dr Amadi stresses that he is worried over the rate of meter deployment by electricity distribution companies in-spite of the credited advancement payment initiatives.
He also added that since private companies took over ownership of some unbundled government stake in the power sector, new owners have said they needed to increase tariff in order to meet the needed increase in generating capacity of the plants.
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