New electricity tariffs kicks off nationwide on Monday [DETAILS]

The implementation of the new nationwide electricity tariffs approved by the federal government for electricity consumers, will begin on Monday, February 1.

Acting Chairman of the Nigerian Electricity Regulatory Commission, Dr. Anthony Akah, has said the new tariffs will enable the power distribution, generation and transmission companies to acquire the necessary infrastructure.

Akah revealed this on Thursday, when he led senior executives of the regulatory agency on a courtesy call on the National Orientation Agency in Abuja.

The NERC boss said there’s no going back on the new tariffs while adding that the lack of cost-reflective tariffs had hindered the electricity companies from acquiring the necessary infrastructure to provide optimum service to consumers.

Akah said after the new tariffs have been implemented, the power companies will no longer have any excuse for not delivering on agreements they entered into with the government.

Under the Multi-Year Tariff Order, Akah said all premises must be metered and consumers who subscribe to specific metering models must be supplied meters within 60 days after which they would not be disconnected or charged on estimation if a meter was not supplied.

Furthermore, he added that a Power Consumer Assistance Fund had been set up to cater for the electricity needs of the less-privileged in the country.

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