The Nigerian Electricity Regulatory Commission (NERC) has said the new tariff regime has the mechanisms to ensure the prepaid meters gets to all customers within one year.
They disclosed this on Monday as power distribution companies began the implementation of the new tariffs increased by over 45 per cent despite oppositions from the National Assembly, Manufacturers Association of Nigeria, Nigeria Labour Congress (NLC) and the Nigerian Electricity Consumers Advocacy Network.
Speaking in an interview with News Agency Of Nigeria (NAN), the acting director of the Commission, Dr Anthony Akah, said the new mechanism will protect consumers ensuring that they are not billed exorbitantly. He said the new tariff has an inbuilt consumer protection mechanism and incentives for improved service delivery as well as fair return on investment in the new tariff order.
The new tariff, besides eliminating fixed charge, has a robust mechanism to ensure that the distribution companies fully meter their consumers and eliminate ‘crazy’ billing within one year.
NERC had announced in December the new tariffs are payable by electricity consumers, abolishing the fixed charges.
The Executive Director of Association of Nigerian Electricity Distributors, (ANED) Sunday Oduntan confirmed this stating that the new tariff regime took effect from 12am on Monday and that all Discos across the country had switched over to the new regime and were not mindful of whatever protest or opposition waged against the new regime.
We have done the needful. We have done what we are supposed to do with regard to the law. We will not allow any human being in this country to set this country back by going ahead with frivolous legal action and we are ready to face any consequence; that I can tell you. All the years of setback are gone. This sector must work.
And this is not just about the Discos, it is about the Gencos, transmission as well as other key stakeholders. It is about the entire power sector and Nigerians need to know this. What we are talking about is about the whole power sector, it is not about any businessman for I’m not a shareholder in any of the Discos, neither am I speaking for any owner of a Disco.