Tariff Hike Suspension: We Are Yet to be Informed – Discos

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Tariff Hike Suspension: We Are Yet to be Informed – Discos
Obiajulu Joel Nwolu

Following the agreement between the organised labour and Federal Government on suspension of electricity tariff hike for two weeks, power distribution companies on Monday said they are yet to receive official directive from the Nigerian Electricity Regulatory Commission (NERC) on the suspension.

Investigation shows the discos are confused on the implication of the agreement between FG and labour unions as regards the suspension of the spike in electricity tariff.

Executives of power distribution companies on Monday said they were expecting the NERC to inform them of a new tariff plan to be utilised within the two weeks as agreed by FG and organised labour pending substantive agreement.

Reports say even though the Discos said they would require three to four days to change their billing platforms, and revert to a new tariff plan, no order was released by NERC to Discos on aa new tariff plan as at 7pm on Monday.

“There is no communication yet from the regulator on that matter and I wonder how that can be implemented because right now, it is causing confusion in the power sector,” said a top Disco official in the northern region, who spoke on condition of anonymity.

Sources at the commission also confirmed that despite marathon meetings held on the issue at the NERC headquarters in Abuja, the Discos are yet to receive an order as of 7pm, Monday.

“The whole thing is a bit complicated now. There have been series of meetings about it since (Monday) morning,” an official at the NERC, who wishes not to be named, said.

“But up till this time (7pm) that you are speaking with me, no order has been issued on this matter to power distributors,” the official added.


Source: Punch

This post was written by Obiajulu Joel Nwolu.

The views expressed here belong to the author and do not necessarily reflect our views and opinions.

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