The Nigerian Electricity Regulatory Commission (NERC) present the final review of electricity tariff to the Federal Government first, before its implementation due to the socio-economic implication of the increase on Nigerians.
The Chairman of NERC, Dr Sam Amadi, who spoke at a final public consultation on the tariff review in Abuja where Distribution companies (Discos) proposed tariff increases ranging from 5 per cent to 83 per cent for residential customers, said it was important that a cost reflective tariff is in place for the sector.
Amadi however assured consumers that the commission would not allow the Discos to recover more than necessary to foot their costs, noting that any increase in tariff would be backed by a commitment contract by the discos on service improvement. The NERC Chairman, further assured consumers that their views would have a huge impact on the final review of the tariff and that they would be protected from exploitation.
