Buhari Moves To End Estimated Billing For Electricity Consumers

Cat:

Related stories

[Video] Drama As Senator Angrily Walks Out As IGP Egbetokun Presents Police Budget

  By Abiola Olawale The 2025 budget defence session for the...

Finally, Nigerian Governors Declare Support for Tinubu’s Tax Reform Bills

Call For Revised VAT Sharing Formula By Abiola Olawale After...

How Dangote Refinery Has Affected Petrol Production In the European Market — OPEC

By Abiola Olawale The Organization of Petroleum Exporting Countries (OPEC)...

President Muhammadu Buhari has directed the commencement of a nationwide mass-metering programme as part efforts to put an end to estimated and arbitrary billing for electricity.

Prof. James Momoh, Chairman, Nigerian Electricity Regulatory Commission (NERC), in a statement on Wednesday in Abuja, said the president’s directive was in response to yearnings of Nigerians.

According to him, the president 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.Estimated Billing

Read also: Ikeja Electric: We Have Metered over 120,000 Households

Momoh urged the public and all stakeholders in the power sector to disregard any reports of an arbitrary tariff increase affecting Nigerians.

He said that measures had been put in place to protect the poor and vulnerable in cases of tariff reviews.

The chairman explained that tariff reviews would only follow service-based principles.

“Under these service-based principles Distribution Companies (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.

“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

“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,” he said.

Read also: Buhari: Nine Things I Will Do For Nigerians In Remaining Three Years

He said that under the aforementioned conditions, there would be no change in tariff for the most vulnerable as tariffs for those consuming 50KW or less remained frozen.

According to Momoh, customers receiving less than 12 hours of supply will also not experience any change in tariffs.

NAN

'Dotun Akintomide
'Dotun Akintomide
'Dotun Akintomide's journalism works intersect business, environment, politics and developmental issues. Among a number of local and international publications, his work has appeared in the New York Times. He's a winner of the National Youth Service Corps (NYSC) Award. Currently, the Online Editor at The New Diplomat, Akintomide has produced reports that uniquely spoke to Nigeria's experience on Climate Change issues. When Akintomide is not writing, volunteering or working on a media project, you can find him seeing beautiful sites like the sandy beaches that bedecked the Lagos coastline.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

[tds_leads input_placeholder="Your email address" btn_horiz_align="content-horiz-center" pp_msg="SSd2ZSUyMHJlYWQlMjBhbmQlMjBhY2NlcHQlMjB0aGUlMjAlM0NhJTIwaHJlZiUzRCUyMiUyMyUyMiUzRVByaXZhY3klMjBQb2xpY3klM0MlMkZhJTNFLg==" pp_checkbox="yes" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjMwIiwibWFyZ2luLWJvdHRvbSI6IjQwIiwiZGlzcGxheSI6IiJ9LCJwb3J0cmFpdCI6eyJtYXJnaW4tdG9wIjoiMTUiLCJtYXJnaW4tYm90dG9tIjoiMjUiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3NjgsImxhbmRzY2FwZSI6eyJtYXJnaW4tdG9wIjoiMjAiLCJtYXJnaW4tYm90dG9tIjoiMzAiLCJkaXNwbGF5IjoiIn0sImxhbmRzY2FwZV9tYXhfd2lkdGgiOjExNDAsImxhbmRzY2FwZV9taW5fd2lkdGgiOjEwMTksInBob25lIjp7Im1hcmdpbi10b3AiOiIyMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" display="column" gap="eyJhbGwiOiIyMCIsInBvcnRyYWl0IjoiMTAiLCJsYW5kc2NhcGUiOiIxNSJ9" f_msg_font_family="downtown-sans-serif-font_global" f_input_font_family="downtown-sans-serif-font_global" f_btn_font_family="downtown-sans-serif-font_global" f_pp_font_family="downtown-serif-font_global" f_pp_font_size="eyJhbGwiOiIxNSIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_weight="700" f_btn_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTEifQ==" f_btn_font_transform="uppercase" btn_text="Unlock All" btn_bg="#000000" btn_padd="eyJhbGwiOiIxOCIsImxhbmRzY2FwZSI6IjE0IiwicG9ydHJhaXQiOiIxNCJ9" input_padd="eyJhbGwiOiIxNSIsImxhbmRzY2FwZSI6IjEyIiwicG9ydHJhaXQiOiIxMCJ9" pp_check_color_a="#000000" f_pp_font_weight="600" pp_check_square="#000000" msg_composer="" pp_check_color="rgba(0,0,0,0.56)" msg_succ_radius="0" msg_err_radius="0" input_border="1" f_unsub_font_family="downtown-sans-serif-font_global" f_msg_font_size="eyJhbGwiOiIxMyIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_size="eyJhbGwiOiIxNCIsInBvcnRyYWl0IjoiMTIifQ==" f_input_font_weight="500" f_msg_font_weight="500" f_unsub_font_weight="500"]

Latest stories

Latest News
Tinubu Felicitates With Okonjo-Iweala, Fola Adeola, Adesina On Receiving Key UNILAG'S Honorary Doctorate AwardsBreaking: EFCC Files Charges Against Otudeko, Ex-First Bank MD Onasanya Monday over alleged N12.3bn fraud[Video] Drama As Senator Angrily Walks Out As IGP Egbetokun Presents Police BudgetFinally, Nigerian Governors Declare Support for Tinubu’s Tax Reform BillsHow Dangote Refinery Has Affected Petrol Production In the European Market -- OPEC[VIDEO] Pomp and Pegeantry As Uzodinma Holds Stunning Wedding Anniversary EventFirst Bank Vs GHL: Legal Dispute Escalates As Crude Oil Cargo Owned By General Hydrocarbons Limited is DetainedEconomic Reforms: Your Statements Are Biased, Partisan - FG Replies Emir SanusiEl-Rufai Vs Uba Sani: Tension As ICPC Drags El- Rufai’s Ally, Jimi Lawal To Court For Alleged FraudCBN Raises Concern: How Nigerians Blew N3.7bn On Medical Tourism In 9MonthsMinister Makes Shocking Revelations, says FG, Telecos Working On 30% to 60% Tariff IncrementMoney Laundering: El-Rufai's Camp In Turmoil As ICPC Charges Jimi Lawal, Ex-Gov's Aide To Court[VIDEO] Drama As FG, Emir Sanusi Engage In War of Words Over Economic Reforms"You Are Global Stars," Tinubu Lauds Six Nigerian Scientists, Engineers Honoured by BidenTribunal Gunshots: We Won't Be Distracted From Reclaiming Our Mandate -- Ighodalo
X whatsapp