Power distribution companies on Monday declared that the new electricity tariffs shall become enforceable from April 1 .
Speaking through their umbrella body , Association of Nigerian Electricity Distributors , the Discos explained that the new tariffs ordered by the Nigerian Electricity Regulatory Commission would cater for revenue shortfalls in the sector .
In a tariff review clarification notice sent to our correspondent by the spokesperson of ANED, Sunday Oduntan , the Discos said the tariffs shall remain as they had been since 2015 but would change from April 2020.
ANED said , “The Tariffs shall remain the same as they presently are (i . e. 2015 levels ) until April 1 , 2020 when there will be a slight increment to cater for tariff shortfalls which shall be gradually passed on to the consumer until this is fully completed by the end of 2021 .
“ In view of the foregoing, we state emphatically that there shall be no change or increase in the existing electricity tariff until April 1 , 2020 when the new adjusted tariffs shall begin to gradually reflect the dynamism of our macro-economy . ”
The Discos explained that the NERC was empowered by the Electric Power Sector Reform Act to carry out minor reviews of the Multi - Year Tariff Order 2015 twice a year .
“ NERC has just reviewed the MYTO 2015 and has published an order on tariffs and minimum remittance for January to June 2020 . The tariffs anticipate changes in the currency exchange rates between the United States and Nigeria , changes in the rate of inflation and gas prices , ” ANED stated .
It expressed hope that its explanation “ substantially clarifies the accurate position and allays any fears and concerns , our esteemed customers may have . ”
https://punchng.com/breaking-well-enforce-electricity-tariff-increase-from-april-discos/

Nigerian govt should start installing meters and banish paper bill from every home these private companies are killing somebody. 15k a month for wine shop