Breaking News
Translate

NERC says subsidy on electricity to gulp N177bln in 3 years

The Federal Government will pay N177 billion as subsidy for electricity consumers nationwide in the next three years.

Alhaji Imamudeen Talba, Administrator, Nigerian Electricity Regulation Commission (NERC) disclosed this at an awareness campaign organised by the commission on Thursday in Katsina.

He said the amount, which had already been submitted to the Federal Executive Council for approval, represents the N5.20 tariff increase expected to be paid by consumers for the next three years.

“By 2012, the problems of the power sector would have been solved and we believe that if there is constant power supply, Nigerians will begin to pay the full tariff,” he said.

Talba assured that ongoing reforms in the sector would enhance efficiency and ensure quality service delivery.

He, however, lamented that electricity customers nationwide were now owing the PHCN over N79 billion.

Talba noted that poor payment of bills, illegal connections, hostility to PHCN staff, vandalism, theft of grid equipment and connivance between customers and utility personnel were some of the challenges facing the sector.

He explained that the forum was aimed at educating electricity consumers on their obligations and to bring stakeholders together to evolve ideas for safe, reliable and affordable power in Nigeria.

Talba said the commission had established office for the consumer consultative assembly in each of the six geo-political zones, to handle the complaints of customers.

The Katsina campaign, as well as earlier ones in Sokoto and Delta states, was attended by traditional rulers, corporate organisations, representatives of government agencies, as well as the general public.


Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.