The Nigerian Electricity Regulatory Commission (NERC) has
directed electricity distribution companies (DisCos) in the country to suspend
the proposed tariff increase.
In January, the regulator had announced that there would be
an upward review of electricity tariff across the country from April 1.
But in a memo on Tuesday, the commission said the adverse
effects of the coronavirus has affected global economy and Nigerians are also
bearing the brunt.
“The Orders of the Commission (Order No NERC/GL/184/2019 TO
NERC/GL/184/2019) titled ”THE DECEMBER 2019 MINOR REVIEW OF MULTI YEAR TARIFF
ORDER (MYTO) 2015 AND MINIMUM REMITTANCE ORDER FOR THE YEAR 2020″ shall remain
in force until 30 June 2020 when a new minor review Order shall be issued by
the Commission,” the memo read.
“There shall be no increase in tariffs of end-use customers
on 1 April 2020.
“The current global COVID-19 pandemic has significantly
impacted on the availability of imported components for local assembly of
meters for supply to end-use customers under the Meter Asset Provider (”MAP”)
regulations and the roll out plan for the existing stock.
“The Commission acknowledges the adverse effects of the
COVID-19 pandemic on global economy and the consequential impact on the average
Nigerian.
“All future tariff reviews shall be on the basis of
consultations between the DisCo and customer clusters with firm commitments on
rates and quality of service. The service level compact shall include a
compensation mechanism for end-use customers to address the DisCo’s failure
events to deliver on performance targets.”
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