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Electricity: Nigerians to pay more from July 1

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Last Updated on Friday, 24 June 2011 08:47 Written by Sunday Williams Friday, 24 June 2011 05:00
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The Nigerian Electricity Regulatory Commission (NERC) has directed the Chief Executives of distribution companies to from Julyan of the last schedule of the 2008/2013 regime of Multi Year Tariff Order (MYTO) which increases the cost of electricity from N8.50 to N10 per Kilowatt hour.


A statement issued yesterday by the Media & Public Relations Unit of NERC quoted the NERC chairman, Dr. Sam Amadi as saying that the marginal increase was approved in 2008 adding, “We have the responsibility to inform the public as part of our commitment to transparency.”

It should be noted that the Nigerian Electricity Regulatory Commission (NERC) in line with the government reform system in the power sector is currently working on a new tariff system which is due to take effect from January next year.

The statement said that the Commission in its notice to Chief Executive Officers of electricity distribution companies on the take off date of 2011 schedule, warned them to ensure improved service delivery to their customers.

“The Commission hereby reminds you of the responsibilities owed your customers, particularly as regards its guidelines on Customer Complaints Handling, Connection and Disconnection Procedures, Customer Service Standards of Performance and Meter Reading.

We will be resolute and uncompromising in ensuring compliance and imposing sanctions on Chief Executive Officers and Managers of companies who fall short of the required standards,” the Commission said.

NERC in 2008 introduced MYTO to ensure that prices of electricity are predictable and to mobilize the required funds to the industry by attracting needed private sector investments through a tariff system that ensures fair return on investment, while protecting customers against profiteering.


NAIRALANDER, IM BUYING MORE GENERATORS!!!!!!!!!!!!!!!!!!!!!!!!!1

How many Nigerian homes actually pay the correct electricity bill? With epileptic power supply, no surprises if the percentage is low.

Supply the Electricity first?

that is what you get from voting jonathan/sambo. the two men are this confused that instead of finding solution to the supply, they are adding problems to the payments that we make for lights that we don't use. if i pay for electricity yet i have a generator which i fuel and buy oil and plugs to power, am i not paying more than other countries.
shameeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee fresh air my foot.