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

Why we increased electricity tariff – EEDC

The Citizen by The Citizen
December 19 2022
in Business
A A
0
TCN restores national grid hours after collapse

The Enugu Electricity Distribution Company (EEDC), has said the recent minor electricity tariff adjustment of about 13 per cent reflected current economic realities in the country and was necessary to keep the electricity industry alive.

The Head, Corporate Communications of EEDC, Mr Emeka Ezeh, disclosed this to the News Agency of Nigeria (NAN) in Enugu on Sunday.

The tariff rate for Non-MD customers under R2SB class increased from N58.47 to N66.47 per kilowatt.

Ezeh spoke on the sidelines of complaints by some customers over the surprise increase in tariff per kilowatt they noticed which cuts across all categories of customers within the company’s network franchise area in the South-East.

He said that the minor adjustment, which took effect from Dec. 1, 2022, was approved by the Nigerian Electricity Regulatory Commission (NERC) some months ago across all electricity distribution companies in the country.

According to him, there is a minor adjustment by some percentage across board in the whole electricity distribution companies nationwide currently and it is not peculiar to EEDC alone.

He said: “The minor increase in the rate of tariff approved by NERC is for Electricity Distribution Companies (DisCOs) to meet up with the current economic realities in the power/electricity sector.

“Currently, the sector is seriously affected by the high inflationary rate in the country; as it affects our daily operational maintenance and services to our esteemed customers in our network.

“The issue of high foreign exchange rate is affecting our business too in terms of importing most of our spare parts needed for daily maintenance and repairs in the network.

“The high foreign exchange rate also impact on EEDC ever increasing investment on installations to further expand and fortify the network, leading to the improved services customers are experiencing within the South-East.”

The EEDC spokesman appealed for the understanding of its esteemed customers, adding that if the indices mentioned and other factors “turn positive tomorrow; we belief that NERC will review the tariff downwards”.

“The recent development is for us to remain in business, service our customers better and maintain obligations to other stakeholders within the sector/industry,” he added.

However, customers within EEDC network in Enugu have continued to complain that the increase is already tightening the existing economic hardship.

They were of the view that before now, the high inflationary rate of about 22 per cent, according to the National Bureau of Statistics (NBS), was even affecting how their families feed daily.

Mr Obinna Nwafor, a resident of Achara layout in Enugu, noted that it was terrible that the residents cannot get any economic respite; “as there are so many struggles to survive in the country”.

Nwafor said: “I wish this increase has not come now; so that at least we can have a sector that is relatively stable and not being affected by the nationwide inflationary trend”.

Mr Jude Onyia, a resident of Uwani axis of Enugu metropolis, urged EEDC to consider those in the lower categories of their tariff line and exclude them from the increase.

“It is clear that those of us in the low category of the tariff cannot easily meet up and other alternatives to electricity are quite costly too,” Onyia said.  – NAN.

Previous Post

Pantami meets Space X, World Bank, Google to strengthen Nigeria’s digital economy

Next Post

Finance Bill: Dangote, 7UP, 170 firms may lose N2.4tn tax waivers

Related Posts

Shell bids farewell to Executive Vice President Nigeria and Country Chair Marno, as Elohor assumes role
Business

Shell bids farewell to Executive Vice President Nigeria and Country Chair Marno, as Elohor assumes role

July 31 2026
NCC, REA sign MoU to drive digital infrastructure expansion through renewable energy
Business

NCC, REA sign MoU to drive digital infrastructure expansion through renewable energy

July 31 2026
Oando plans electricity generation from abandoned oil wells
Business

Oando plans electricity generation from abandoned oil wells

July 27 2026
Equatorial Guinea official in custody over 400 sextapes with VIPs’ wives, sisters
Business

Dangote Refinery completes $2.5bn equity placement

July 23 2026
FG mulls structures demolition for Lagos Coastal Highway service lanes, flood control
Business

PFIPC scandal: How CBN opened domiciliary accounts for phantom agency

July 21 2026
Asharami Energy hits 6 million LTI-free man-hours, advancing Goal Zero Safety Culture
Business

Asharami Energy hits 6 million LTI-free man-hours, advancing Goal Zero Safety Culture

July 21 2026
Next Post
Senate passes bill to re-enact National Commission for Colleges of Education

Finance Bill: Dangote, 7UP, 170 firms may lose N2.4tn tax waivers

Tribunal reserves ruling in Osun guber tussle

Osun PDP, APC stretch war of words over N407bn debt

Leave a Reply Cancel reply

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

FROM THE GRASSROOTS

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

NDDC trains traditional birth attendants to reduce maternal, newborn deaths

by The Editor
July 29 2026
0

...

Cross River Igbo community alleges illegal taxation, seeks government intervention

Cross River Igbo community alleges illegal taxation, seeks government intervention

by The Editor
July 27 2026
0

...

Sokoto LG chairman quits APC, resigns from office

Sokoto LG chairman quits APC, resigns from office

by The Editor
July 8 2026
0

...

Bauchi Electoral Commission fixes August 17 for LG election

Bauchi Electoral Commission fixes August 17 for LG election

by The Editor
June 19 2026
0

...

APPOINTMENTS

Rivers State not for political war, says Fubara

Gov. Fubara swears in 12 perm secs, urges commitment

by The Editor
July 31 2026
0

...

Tinubu appoints new special adviser on House of Reps matters

Tinubu appoints new special adviser on House of Reps matters

by The Editor
July 27 2026
0

...

Tinubu appoints Fayose REA chairman, names 25 others

Tinubu appoints Fayose REA chairman, names 25 others

by The Editor
July 20 2026
0

...

Tony Elumelu to step down as UBA chair, bank names successor

Tony Elumelu to step down as UBA chair, bank names successor

by The Editor
July 6 2026
0

...

ODDITIES

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

Nigerian woman in Canada demands husband swear oath against cheating before visa sponsorship

by The Editor
July 23 2026
0

75-year-old man bags 10 years jail for defiling minor

75-year-old man bags 10 years jail for defiling minor

by The Editor
July 16 2026
0

Court remands blogger over defamation of Soludo, son

Court remands blogger over defamation of Soludo, son

by The Editor
July 13 2026
0

GLOBAL NEWS

Ceuta calls for emergency as thousands of migrants cross into Spanish territory

Ceuta calls for emergency as thousands of migrants cross into Spanish territory

by The Editor
July 31 2026
0

...

Ghana bans use of honorary doctorate, professorship titles in public

Ghana govt backs proposal to extend presidential term from 4 to 5 years

by The Editor
July 31 2026
0

...

Nigerian visa applicants must provide five-year social media history, says US embassy

US to discontinue visa services in Abuja, 24 other African cities

by The Editor
July 29 2026
0

...

US orders embassy staff to leave Nigeria over insecurity

US warns Nigerians with dual citizenship against travelling on foreign passport

by The Editor
July 26 2026
0

...

Chinese envoy advocates Mandarin language teaching in Nigerian schools

Chinese envoy advocates Mandarin language teaching in Nigerian schools

by The Editor
July 25 2026
0

...

State of the States

Enugu launches ETTW TV to showcase transformation, investment opportunities

Enugu launches ETTW TV to showcase transformation, investment opportunities

by The Editor
July 31 2026
0

...

Lagos to introduce special vehicle number plates for PWDs

Lagos to introduce special vehicle number plates for PWDs

by The Editor
July 29 2026
0

...

Enugu governor approves recruitment of 6,580 teachers, school staff

Enugu governor approves recruitment of 6,580 teachers, school staff

by The Editor
July 29 2026
0

...

Anambra sanctions seven schools over graduation parties

Anambra sanctions seven schools over graduation parties

by The Editor
July 27 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Commonwealth Games: Amusan suffers shock defeat, settles for bronze

Commonwealth Games: Amusan suffers shock defeat, settles for bronze

July 31 2026
Commonwealth Games: Nigeria’s Enekwechi wins gold in shot put

Commonwealth Games: Nigeria’s Enekwechi wins gold in shot put

July 31 2026
Governance: Stop building unnecessary flyovers – Tinubu tells state governors

Governance: Stop building unnecessary flyovers – Tinubu tells state governors

July 31 2026
UEFA to boycott FIFA tournaments over Infantino plans for World Cup sell off stake

UEFA to boycott FIFA tournaments over Infantino plans for World Cup sell off stake

July 31 2026

EDITORIAL REVIEW

State airports: White elephant epidemic – Punch

Probe Habila’s death – Punch

by The Editor
July 31 2026
0

Nigeria’s inflation rate hits 26.72% in Sept

There’s no escaping inflation, yet – Punch

by The Editor
July 29 2026
0

Nigeria’s inflation rate rises to 21.09%

Africa’s hunger burden – Punch

by The Editor
July 27 2026
0

Apapa gridlock must be resolved permanently – Punch

Apapa gridlock must be resolved permanently – Punch

by The Editor
July 23 2026
0

Duty waivers must not become a fiscal hole – Punch

Duty waivers must not become a fiscal hole – Punch

by The Editor
July 20 2026
0

Opinion

Tinubu swears in four Permanent Secretaries, INEC commissioner

Tinubu: The Audacity to Hope – Three years after

by The Editor
July 31 2026
0

...

Remi Tinubu under fire over akara, roasted corn remarks

Beyond ‘akara’ leadership

by The Editor
July 6 2026
0

...

Trump’s U-turn on Iran war ends Israel’s Middle East dream

Trump’s U-turn on Iran war ends Israel’s Middle East dream

by The Editor
June 17 2026
0

...

Terrorists kidnap Army Major General, wife in Katsina

Slain General: When the protectors need protection

by The Editor
June 17 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.