Manufacturers, Hoteliers Reject Monthly Electricity Tariff Review

Manufacturers, Hoteliers Reject Monthly Electricity Tariff Review

Electricity consumer groups have rejected the proposed monthly or quarterly minor review of tariff by the Nigerian Electricity Regulatory Commission (NERC), saying it should remain semi-annual as it was since 2012, or be made annual, Daily Trust reports.

The various groups and individuals spoke at the stakeholders’ consultation of the NERC in Abuja yesterday. The Vice Chairman of NERC, Engr. Sanusi Garba, in his address said the consultation was to help change the frequency of tariff review. However, stakeholders, especially the consumers, opted for an annual review or the present semi-annual mode.

The Manufacturers Association of Nigeria (MAN) said the monthly or quarterly implementation of the tariff will be detrimental to the manufacturing sector. Chairman of the Nigeria Electricity Consumers Advocacy Network (NECAN), Chief Tomi Akingbogun, also said any increase in the tariff review will greatly affect electricity consumers.

President of the Hotel Owners Forum (HOFA) Abuja, Chief Eze Ude, said the rates for hotels and other sectors are not reviewed monthly and that electricity is not an exception. “It will not be fair to the end users to raise tariff either monthly or quarterly,” he said.

Representing the DisCos, Mr Adetunji Aeyeye of the Association of Nigeria Electricity Distributors (ANED) said it was global practice to review tariff monthly but that NERC could devise means of implementing it quarterly or annually.

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