No Plan To Raise Electricity Tariff

December 6, 2013 3:18 PM

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No Plan To Raise Electricity Tariff

The Chairman/CEO, Nigerian Electricity Regulatory Commission, NERC, Dr. Sam Amadi has said that there is no plan to raise electricity tariff in Nigeria.

Dr Amadi, who was a guest on our business programme, `Business Morning’ said that neither the government, nor the new power firm owners have any plan to increase tariff.

He said that the challenge the NERC is dealing with now is the validation and verification of the technical & collection losses and not tariff increase.

Also on the programme was former Chairman, Section on Business Law at the Nigerian Bar Association, George Etomi.

Etomi, who was representing the Eko Distribution Company, said that the plan for the new owners, working with the regulators is to ensure that everything associated with the infrastructural development and management skills that will help them to provide regular power supply is done.

Source: channelstv.com

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