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FG Directs Reversal Of Electricity Tariff Adjustment - Politics - Nairaland

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FG Directs Reversal Of Electricity Tariff Adjustment by paddyDIGITAL(m): 7:04am On Jan 08
The Minister of Power, Mr Saleh Mamman, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies (DISCOs) to revert to tariffs that were applicable in December 2020.

Mr Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, made this known in a statement in Abuja, on Thursday.

He said that the reversal to the old tariff was to promote a constructive conclusion of the dialogue with the Labour Centres (through the Joint Ad-Hoc Committee).
“I have directed NERC to inform all DISCOs that they should revert to the tariffs that were applicable in December 2020 until the end of January 2021 when the FGN and Labour committee work will be concluded.
“This will allow for the outcome of all resolutions from the Committee to be implemented together,” he said.
The minister spoke against the backdrop of the report that electricity tariff had been increased by 50 per cent.

“I would like to affirm that these reports are inaccurate and false. It is unfortunate that these reports have led to confusion with the public.

“On the contrary, the Government continues to fully subsidise 55 per cent of on-grid consumers in bands D and E and maintain the lifeline tariff for the poor and underprivileged.
“Those citizens have experienced no changes to tariff rates from what they have paid historically, aside from the recent minor inflation and forex adjustment. Partial subsidies were also applied for bands A, B and C in October 2020,” he said.

Mamman said that these measures were all aimed at cushioning the effects of the pandemic while providing more targeted interventions for citizens. He said that the public was aware that the Federal Government and the Labour Centres had been engaged in positive discussions about the electricity sector through a Joint Ad-hoc Committee.

He said that the committee was led by Mr Festus Keyamo, Minister of State for Labour and Productivity and Co-Chaired by the Minister of State for Power, Mr Goddy Jedy-Agba. According to him, progress has been made in these deliberations which are set to be concluded at the end of January.

“Some of the achievements of this deliberation with Labour are the accelerated rollout of the National Mass Metering Plan and clampdowns on estimated billing.

“Improved monitoring of the Service-Based Tariff and the reduction in tariff rates for bands A to C in October 2020 (that were funded by a creative use of taxes),” he said.

The minister stated that it should be cleared that the regulator must be allowed to perform its function without undue interference.

He said that the role of the Government was not to set tariffs but to provide policy guidance and an enabling environment for the regulator to protect consumers and for investors to engage directly with consumers.

According to him, Bi-Annual Minor reviews to adjust factors such as inflation are part of the process for a sustainable and investable Nigeria Electricity Supply Industry (NESI)

He also stated that the regulator must be commended for implementing the subsisting regulations while putting in place extensive actions to minimise the adverse impact on end-user tariffs.

“The administration is committed to creating a sustainable, growing and rules-based electricity market for the benefit of all Nigerians.

“The administration and the Ministry of Power will also continue to devise means to provide support for vulnerable Nigerians while ensuring we have a sustainable NESI,” he said.

https://tribuneonlineng.com/breaking-fg-directs-reversal-of-electricity-tariff-adjustment/

1 Like

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Charmingrascal(m): 7:06am On Jan 08
Media and paper reversal

40 Likes 2 Shares

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Lovelynife(m): 7:09am On Jan 08
Av been paying the increment since October. so what are they reversing sef. from #29/kwh to #49/kwh

27 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Jagznation(m): 7:10am On Jan 08
undecided

5 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Salmoneus(m): 7:13am On Jan 08
undecided

1 Like

Re: FG Directs Reversal Of Electricity Tariff Adjustment by slawormiir: 7:14am On Jan 08
Damnnnnn niggarrrr
Isoright
Re: FG Directs Reversal Of Electricity Tariff Adjustment by fixedhollies(m): 7:16am On Jan 08
This Buhari time nawao

2 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Marvieduke(f): 7:16am On Jan 08
Anything wey them like make them do e no concern us.
Re: FG Directs Reversal Of Electricity Tariff Adjustment by Viking007(m): 7:16am On Jan 08
undecided A confused government. Increase today, reduce tomorrow. The country keeps going back and forth with no direction.

16 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by rein22: 7:16am On Jan 08
It is well in this country, who increase tarrif three times in five years, but it is only in our country things like this happens.

4 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by dinocy(m): 7:16am On Jan 08
Na for paper and media them dey do work. No implementation and monitoring.

3 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Sunnycliff(m): 7:17am On Jan 08
Wahala for Nepa.

We are still waiting for the rocket scientist Inspector Fashola the hidden camera detector to fix our electricity.

11 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by LoydJ(m): 7:17am On Jan 08
If only the workforce @ NLC are strict,strong-willed and less Corrupt people,FG won't have the mind to be increasing Nepa/Fuel Price's anyhow.

13 Likes 1 Share

Re: FG Directs Reversal Of Electricity Tariff Adjustment by david22uu(m): 7:17am On Jan 08
This government sha... They are using us as Lab rats...


Now they see our reactions, they will fine tune and implement it

8 Likes 1 Share

Re: FG Directs Reversal Of Electricity Tariff Adjustment by KnightsTemplar(m): 7:17am On Jan 08
Na God go save us from this clueless government.

5 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Quality535: 7:17am On Jan 08
Alright
Re: FG Directs Reversal Of Electricity Tariff Adjustment by Jackpat(m): 7:18am On Jan 08
All is well
Re: FG Directs Reversal Of Electricity Tariff Adjustment by david22uu(m): 7:18am On Jan 08
PastorDelight2:
Good but I'm sure they soon increase it again


Exactly... they just wanna test our reactions

2 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by onidarewhyte: 7:19am On Jan 08
Noted[b][/b]
Re: FG Directs Reversal Of Electricity Tariff Adjustment by Dpharisee: 7:19am On Jan 08
Nothing to celebrate here, they seem to be playing Ping pong with the intelligence of Nigerians. I won't be surprised to see Femi Adeshina write a long epistle and terming this reversal as one of the biggest achievements of this administration

14 Likes 2 Shares

Re: FG Directs Reversal Of Electricity Tariff Adjustment by hardizzle: 7:20am On Jan 08
heartless leaders

3 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by dammywapes(m): 7:20am On Jan 08
All this money now 1 kobo no go follow dem enter 6ft

6 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Fheelzz(m): 7:21am On Jan 08
That's nice
Re: FG Directs Reversal Of Electricity Tariff Adjustment by atobs4real(m): 7:22am On Jan 08
This government has been sick for over decades. This aboki just messed things up

4 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by Young042galaxy: 7:22am On Jan 08
What are they reverting to?
If it's not from N52 per kilowatt to N33 it was before, then their reversal is rubbish.
This increments is killing us especially students.
I now spend 2k for just 38kwz which lasts for just 7days.

3 Likes

Re: FG Directs Reversal Of Electricity Tariff Adjustment by McAausim: 7:22am On Jan 08
grin

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