Connect with us

BUSINESS

President Buhari Halts Estimated Billing, Orders Nationwide Mass Metering

Published

on

buhari.jpg


President Muhammad Buhari has directed a nationwide electricity mass-metering program in a bid to put a stop to estimated and arbitrary billing for electricity, James Momoh, Chairman of Nigerian Electricity Regulatory Commission, (NERC), has said.

Momoh, also disclosed that President Buhari 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.

He spoke in a statement on Wednesday, in response to recent tarrif review which had generated series of reactions by Nigerians.

The statement reads in full, “In response to media reports that there is an increase in tariffs for Nigerians, NERC wishes to clarify that tariff reviews going forward will only follow service-based principles.

“Under these service-based principles DISCOs will only be able to review tariff rates for customers when they consult with customers, commit to increasing the number of hours of supply per day and quality of service.

“In all cases poor and vulnerable Nigerians will not experience any increase. In line with these expectations, DISCOs are directed to engage with their customers on a Service Based Tariff structure.

Advertisement
Article Banner

“Under the Service Based Tariff Structure, DISCOs can only review tariffs for customers under the following conditions:

“Customers are consulted and communicated a guaranteed level of electricity service by the DISCOs based on hours of supply.

“Customers are metered. No estimated billing through the strict enforcement of the capping regulation. This means that unmetered customers will not experience any cost increase beyond what is chargeable to metered customers in the same area.

“Even under the above conditions, there will be no change in tariff for the most vulnerable as tariffs for those consuming 50KW or less remain frozen. Customers receiving less than 12 hours of supply will also not experience any change in tariffs.

“In addition, the President has directed that there should be a nationwide mass-metering program 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.

“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”.

Advertisement
Article Banner

Continue Reading
Advertisement
Click to comment
FEATURED12 hours ago

Malami, Ogboru, Gbadebo Rhodes-Vivour Lead as ADC Unleashes Political Heavyweights for 28 Governorship Slots ahead of 2027

FEATURES12 hours ago

Atiku to Tinubu: Release Your FBI Files, I Have Nothing to Hide

FEATURED18 hours ago

Abducted Delta Woman Rescued as Police Arrest 8 Suspects in Abraka

NEWS19 hours ago

NYSC Sets September 8 for Physical Verification of Foreign-Trained Graduates

FEATURES21 hours ago

Your Sacrifice Matters — VeryDarkMan Apologises to Troops Over NBA Conference Outburst

NEWS23 hours ago

Okowa’s Senate Bid: Why Experience, Party Structures May Give Him an Edge Over Ochei in Delta North

FEATURED1 day ago

Defence Minister Musa Blasts El-Rufai, Accuses Ex-Governor of Dividing Kaduna

NEWS1 day ago

2027: Isoko North LGA’s City Boys Movement Meet Ogorugba, Declares Support for Tinubu, Oborevwori’s Re-election Bid

FEATURED1 day ago

Delta Police Arrest 6 Suspects, Dismantle Illicit Drugs Shop

Bichi
FEATURES2 days ago

Why DSS DG Draws the Line: ‘No More Arrests Over Civil Disputes’

FEATURES2 days ago

Tinubu Not Facing Criminal Case in US, Presidency Clarifies FOIA Litigation

FEATURES2 days ago

PenCom Raises Alarm as PFAs Sink N17.1trn Pension Funds Into FG Securities

FEATURED2 days ago

Court Remands Man for Retaining N1.09b ‘Proceeds of Criminal Conduct’ in Abuja

BUSINESS3 days ago

Uber Shakes Up Global Operations, Cuts 10% of Workforce, Exits Nigeria and Uganda

secure number one position
FEATURES3 days ago

Police Sack 3 Officers Over Killing of UNIPORT Graduate, Declare Inspector Deserter

Advertisement
Advertisement

z

   


Article Banner