President Buhari has ended projected electricity billing

President Buhari has ended projected electricity billing

President Buhari has ended projected electricity billing

President Muhammadu Buhari Has Ended The Oppressive System Of Calculated And Arbitrary Billing Of Electricity Consumed, And Guided A Nationwide Mass Metering Of People, The Presidency Has Declared.
To make it easier for Distribution Companies (DisCos) to calculate every household and company, the president “has authorized a one-year waiver of the electricity meter import levy, so that Nigerians who do not have meters can be delivered at fair cost as early as possible,” reads a statement from the presidency.

James Momoh, chairman of the Nigerian Electricity Regulatory Commission (NERC), says “tariff assessments going forward should only follow the rules of operation.

“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.”

Henceforth, customers who have not been metered will not experience any cost increase beyond what is chargeable to metered customers in the same area.

“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,” Momoh adds.

The estimated billing regime was a crooked one, with electricity workers using the scheme to line up their pockets in the midst of the chaos and unreliable power supply that has been Nigeria ‘s story for decades.

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