The Presidency has declared the decision to increase electricity tariff is within the purview of the Ministry of Power and National Electricity Regulatory Commission.
Femi Adesina, the spokesman to the President, noted this on Monday evening while speaking on a monitored live Channels TV programme.
Last Saturday, NERC approved an increase in electricity tariff by the 11 Electricity Distribution Companies (DisCos) in the country.
“Besides, the ministry had already explained that any adjustments to the tariff will only take effect from April. So, let’s leave it at that for now”, Adesina said.
“It’s rather too early to ask the President to wade in at this time. He should only be consulted as a final resort.”
Adesina reassured that the Federal Government will continue to ensure the interests of the public are protected regardless of any new policy implemented.
Also, James Momoh, chairman of the Nigerian Electricity Regulatory Commission (NERC) has urged distribution companies (DisCos) provide meters through the Meter Assets Programme (MAP).
Momoh said it will ensure that customers pay for only electricity consumed by providing meters for them.
Momoh disclosed this at a news conference in Abuja on Monday, saying NERC would do everything within its power to ensure that distribution companies (DisCos) provide meters through the Meter Assets Programme (MAP).
“Failure to do so, we have a backup plan, which is one of our regulations that will be out in about a month; called ‘Clapping’ which is going to put a maximum amount DisCos can charge customers.
“For DisCos, it will be an advantage for them to provide meters as this is an attempt to make sure that the win-win customers are metered.
“We want DisCos to provide them with meters because the minimum we are going to allow them to charge is not going to be to their advantage in the long run,” he said.