NERC Says No Tariff Increase, Orders Mass Metering

0
307

The President Muhammadu Buhari, has ordered operators in the power sector to carry out mass metering of unmetered customers nationwide, the Nigerian Electricity Regulatory Commission announced on Wednesday night.

This was obtained on its social media tweeter handle, the NERC also declared that it had not approved any increase in electricity tariffs, as reported in some quarters on Wednesday.

The commission said, “The President has directed that there should be a nationwide mass-metering programme in an effort by the Federal Government to put a stop to estimated and arbitrary billing for electricity.

“He has also approved a waiver of the import levy on meters so that those that do not have meters can be supplied as early as possible at reasonable costs.”

On tariffs, the NERC stated, “The general public and all stakeholders in the power sector are by this statement urged to disregard any reports of an arbitrary tariff increase affecting Nigerians.”

The information tweeted by the NERC was signed by its Chairman, John Momoh, as the commission further clarified that tariff reviews going forward would only follow service-based principles

- Advertisement -First Bank mobile money