Breaking News
Translate

LCCI tasks upcoming Minister of Power on outrageous bills

BY NAOMI UZOR

The Lagos Chamber of Commerce and Industry (LCCI), has tasked the would-be successor of the former Minister of Power (Barth Nnaji) to address consumers’ concern over outrageous electricity bills.

The chamber has also hailed the Federal Government for the noticeable improvement of power supply across major cities in the country over the last few months.

Mr. Goodie Ibru, the chamber’s President, said that the next minister of power should be a sound technocrat capable of sustaining the ongoing power sector reforms and build on the successes already achieved and that the National Electricity Regulatory Commission (NERC) should urgently address growing concerns over the outrageous bills to consumers, much of which are not consistent with the earlier advertised billing template.

“Increases in some cases are well above 500 per cent, adding that, the principle of fixed charge should be reviewed.   It’s a good development for Nigeria, especially for business concerns that have to deal with high cost of production induced by alternative source of energy.

“No doubt, epileptic electricity supply has been one of the most daring challenges confronting businesses in Nigeria over time. We hereby urge the government to sustain and build on the current tempo.

Our latest survey shows that electricity supply improved by an average of 35 per cent in most parts of Lagos over the last three months. We observed that while the administrative blocks of most businesses are now connected to the PHCN, major manufacturers are yet to switch their production lines to the public power supply, because of sustainability concerns,” he said.


Disclaimer

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