Minister of Power, Works and
Housing, Babatunde Fashola, has advised Nigerians to accept the reality of increased
electricity tariff. He said the increment was
effected so that Nigerians can enjoy reliable power supply.
The minister urged Nigerians to
ask that meters be supplied instead of getting court injunctions against tariff
review.
“If we want to experience reliable electricity, we must accept the reality of tariffs and possible upward or downward reviews. We must stop going to court to get injunctions to stop tariff reviews,” Fashola said.
“We don’t do so, when exchange rate, inflation and prices of other commodities change. What we must insist on, is the provision of meters, so that we can monitor and control what we consume.”
Fashola said the federal
government had chosen to settle out of court for a contract, awarded in 2003,
for the supply and installation of three million prepaid meters.
The contract, which is worth N37
billion, was awarded during the era of the National Electric Power Authority
(NEPA) and was not executed before the power sector privatisation was concluded
in 2013.
He also said the contract had
been reviewed for immediate implementation.
Fashola said a N119 billion court
judgement in favour of the plaintiff was awarded against the government on its
failures to execute the contract., adding that the government has negotiated
the judgment to allow it go back to execute the contract.
He added that the government had
negotiated the judgment to allow it go back to execute the contract.
Fashola said the administration
of former President Goodluck Jonathan made the mistake of failing to make
metering of consumers a compulsory obligation of the 11 electricity
distribution companies (DisCos).
“One of the omissions of the privatisation carried out by the last administration was lack of compulsory metering before the privatisation.Click to signup for FREE news updates, latest information and hottest gists everyday
”This is compounded by an inaccurate consumer projection of six million households, without a consumer audit.
“These are the problems the Buhari government is now trying to fix with the power sector recovery programme.”
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What nonsense is this man talking about. Must you increase everything...this apc pple sef
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