TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

NERC and fresh hike in electricity tariff – National Mirror

The Citizen by The Citizen
December 10 2014
in Public Affairs, Uncategorized
A A
0

Indications are that from December 1, 2015, electricity consumers all over the country may have to pay more for the product following an increase in the price of gas. This was the decision reached at a recent meeting between the Nigerian Electricity Regulatory Commission (NERC) and other stakeholders to review the Multi-Year Tariff Order (MYT02). According to NERC, the current price of gas is $3.30 per mmbtu as against the regulatory authorities’ assumption of $2.30. The Commission’s vice chairman, Mr. Mohammed Bello, said the price of gas, inflation, falling foreign exchange rate and power generation capacity were some of the factors considered before proposing the tariff review.

But the announcement, coming at this time of serious economic upheavals in the nation, is highly disappointing. Incidentally, for the various electricity distribution firms and the NERC, tariff increase has become an obsession, regardless of whether consumers are getting value for money or not. More than a year after power sector privatization by the Dr. Goodluck Jonathan administration, very little has been done to improve the scandalously poor quality of power supply by the new investors. With the active connivance of NERC, however, an upward review of tariff is being contemplated again after the one effected last year. Even before the privatisation exercise, the electricity regulatory body had always been in the habit of frequently canvassing tariff increase. The introduction of the MYTO was also partly a consequence of the agency’s pressure for continued tariff review. It is a very disheartening scenario! The justification then was that the prices paid by consumers for electricity were either not fair enough or did not reflect the actual cost, and would not attract investors and encourage improvement in the quality of service.

Fraudulently, however, the NERC is having a ball with incessant tariff increment while the aspect of improved quality of service has been completely ignored. The timing for the current increase could not have been worse; coming at a time when the quality of service delivery has been at its nadir. Even though the economy and the nation’s population have increased geometrically over the years, the power generation capacity of only 3,000 megawatts 20 years ago has barely improved. Besides, due to poor facilities’ maintenance arising mainly from the lack of investment and inadequate gas supply, there is hardly up to 4,000MW available for distribution through the national grid on a regular basis. Again, amid all the tariff increases is electricity distribution companies’ (DISCOs) inconsiderate habit of foisting arbitrary bills on customers, under the so-called estimated or coded billing system, based on the estimate of power earmarked for a certain area, whether it translates to electricity supply or not. Worse still, the DISCOs are making scant effort to provide customers with prepaid meters, which could have ensured that only power consumed is paid for.

The question, therefore, is: why should consumers pay for electricity they never consumed? The DISCOs have also jettisoned NERC’s Credited Advance Payment for Metering Implementation, a metering scheme introduced in 2013. That is why Nigerian power consumers should rise and kick against the proposed tariff hike. We implore the Federal Government and private power suppliers to first of all address the fundamental issues of infrastructure, generation capacity and transmission. It is wrong for NERC to have concluded plans to increase electricity tariff without first addressing the problem of epileptic power supply in the country; as well as exploitative and extortionist metering and billing frauds. Prepaid meters should never be discountenanced or compromised under any proposal of fresh tariff increase.

Poor electricity power supply situation in the country is the key factor responsible for the closing down of most manufacturing firms that found it impossible to finance the exorbitant cost of providing electricity through independent power sources; with attendant huge job losses. It is high time NERC and DISCOs stopped cheating innocent consumers and making scapegoat of Nigerians for their scandalous inefficiency. Rather than acting arbitrarily in liaison with the present crop of inept electricity firms, NERC should sit up and act like a true regulator by ensuring that long suffering and persevering power consumers are given their money’s worth. The regulatory agency must set a deadline for the DISCOs to make prepaid meters available to consumers and compel them to improve their services. It is heartless, dishonest and exploitative to continue to hike electricity tariff at every turn at the expense of hapless consumers.

Previous Post

PR experts offer strategies for nation brand building campaigns

Next Post

Return of political violence – Punch

Related Posts

Perils of LG Electoral Commission – Punch
Public Affairs

Yes, voters, not courts, must decide elections – Punch

October 20 2026
Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum
Public Affairs

Don’t involve civil servants in politics – Punch

October 16 2026
Kano, Sokoto, others spend N53.2bn on scholarships abroad
Public Affairs

Kano, Borno spreading tyranny – Punch

October 13 2026
2027: Wike, APC governors clash over Rainbow Coalition
Opinion

Why are governors getting worse?

October 13 2026
US Congress okays bill to cut foreign aid to Nigeria
Public Affairs

Nigeria’s revolving-door budgeting – Punch

October 12 2026
Police, Oyo LG deny release of kidnap victims after Igboho’s ultimatum
Public Affairs

Tinubu’s extended absence – Punch

October 8 2026
Next Post

Return of political violence - Punch

The threat to impeach Jonathan – The Sun

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Minister defends King’s College concession, cites infrastructure decay

Minister defends King’s College concession, cites infrastructure decay

by The Editor
September 16 2026
0

...

Lagos demolishes shanties after four die in community clash

Lagos demolishes shanties after four die in community clash

by The Editor
August 30 2026
0

...

Kano, Sokoto, others spend N53.2bn on scholarships abroad

INEC fixes Sept 19 for Kano Assembly by-election

by The Editor
August 27 2026
0

...

Awujale: Ruling House sues Ogun, kingmakers

Awujale: Ruling House sues Ogun, kingmakers

by The Editor
August 25 2026
0

...

APPOINTMENTS

CJN swears in 68 new SANs

CJN swears in 68 new SANs

by The Editor
October 12 2026
0

...

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

Enugu governor names Nollywood’s Eucharia Anunobi, Rachael Okonkwo aides

by The Editor
September 23 2026
0

...

Gov. Yahaya swears in 19 new Gombe permanent secretaries

Gov. Yahaya swears in 19 new Gombe permanent secretaries

by The Editor
September 11 2026
0

...

Niger State governor appoints six commissioners-designate, four aides

Niger State governor appoints six commissioners-designate, four aides

by The Editor
September 8 2026
0

...

ODDITIES

Indian man assaults truck drivers in Lagos

Indian man assaults truck drivers in Lagos

by The Editor
October 13 2026
0

US engineer caught on camera poisoning colleague’s water bottle

US engineer caught on camera poisoning colleague’s water bottle

by The Editor
October 12 2026
0

Newly-wed pastor steps back from ministry after apologising over past affairs

Newly-wed pastor steps back from ministry after apologising over past affairs

by The Editor
October 6 2026
0

GLOBAL NEWS

Court finds Kenyan cult leader guilty over 191 starvation deaths

Court finds Kenyan cult leader guilty over 191 starvation deaths

by The Editor
October 20 2026
0

...

Nigeria: Pope Leo XIV urges release of abductees from terrorists’ den

Pope Leo’s lung surgery successful — Vatican

by The Editor
October 13 2026
0

...

Child Soldiers: US threatens to cut military aid to Nigeria

Child Soldiers: US threatens to cut military aid to Nigeria

by The Editor
October 13 2026
0

...

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

Saudi Arabia threatens ‘serious response’ after Houthi airport attacks

by The Editor
October 13 2026
0

...

US releases fresh names, photos of 24 Nigerians on deportation list

US releases fresh names, photos of 24 Nigerians on deportation list

by The Editor
October 12 2026
0

...

State of the States

Ogun pensioners demand gratuities, pension increases

Ogun pensioners demand gratuities, pension increases

by The Editor
October 9 2026
0

...

Enugu Air opens international route to Cameroon, begins Enugu-Douala service

by The Editor
September 25 2026
0

...

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

I won’t be a godfather; Abia voters will pick my successor, says Gov. Otti

by The Editor
September 17 2026
0

...

Fubara orders fresh LG elections in Rivers State

Fubara signs N1.84tt Rivers 2026 budget into law

by The Editor
September 3 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Catholic bishops declare nationwide fasting, prayer

Catholic bishops declare nationwide fasting, prayer

October 20 2026
NFF Crisis: Tinubu orders comprehensive reform of Nigerian football

Subsidy removal: I’ve no regret, we can’t go back to Egypt — Tinubu

October 20 2026
APC clears Uduaghan, Amosun, Ajimobi, Shettima for senate

Former Delta governor Uduaghan dies at 71

October 20 2026
Court finds Kenyan cult leader guilty over 191 starvation deaths

Court finds Kenyan cult leader guilty over 191 starvation deaths

October 20 2026

EDITORIAL REVIEW

Perils of LG Electoral Commission – Punch

Yes, voters, not courts, must decide elections – Punch

by The Editor
October 20 2026
0

Tariff hike: Electricity workers lock out minister, issue 14-day ultimatum

Don’t involve civil servants in politics – Punch

by The Editor
October 16 2026
0

Kano, Sokoto, others spend N53.2bn on scholarships abroad

Kano, Borno spreading tyranny – Punch

by The Editor
October 13 2026
0

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

US Congress okays bill to cut foreign aid to Nigeria

Nigeria’s revolving-door budgeting – Punch

by The Editor
October 12 2026
0

Opinion

2027: Wike, APC governors clash over Rainbow Coalition

Why are governors getting worse?

by The Editor
October 13 2026
0

...

As we celebrate the girl-child, let us not forget the boy-child

As we celebrate the girl-child, let us not forget the boy-child

by The Editor
October 12 2026
0

...

Candidate Sowore: Revolution, Marijuana and other stories

Candidate Sowore: Revolution, Marijuana and other stories

by The Editor
September 25 2026
0

...

 Akpakomiza and other stories

by The Editor
September 1 2026
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.