The electricity distribution companies (DisCos) in the country have begun the implementation of the new electricity tariff.
The DisCos began implementation
of a new service-based reflective tariff (SRT) structure nationwide on
September 1 after receiving approval from President Muhammadu Buhari.
However, the Nigeria Labour
Congress (NLC) and the Trade Union Congress (TUC) protested the new tariff and
called for a nationwide strike.
After a meeting with the federal
government a few hours to the protest, the NLC and TUC suspended the proposed
strike after brokering an agreement to halt the electricity tariff increase.
In a notice on Monday, some of
the DisCos announced that they have resumed the implementation of the new
tariff from November 1.
According to Ikeja Electric, the
new tariff regime will enable the Nigeria Electricity Supply Industry (NESI) to
cover the cost of their operations and ensure improved service delivery.
“This revision is further to the
consultative review meetings held between the federal government, labour unions
and other stakeholders, following concerns raised about the basis of the
Multi-Year Tariff Order (MYTO) 2020 SRT tariffs, which were earlier planned to
be implemented from 1st September 2020.” Ikeja DisCo said.
“Under the SRT, the tariff
classification is based on the quality of service and therefore, divided into 5
Bands (A-E); measured by the average availability of power supply over a month,
interruptions (frequency and duration), voltage levels and other service
parameters.
“With the revised tariff regime,
Non-MD customers in Band A, with a minimum of 20 hours daily will now pay
N51.22/Kwh. Band B customers with minimum of 16 hours daily will be charged
N46.93/Kwh; while Band C customers with a minimum of 12 hours daily will be
charged N37.95/Kwh.
“However, please note that
customers in Bands D and E, with minimum of eight hours and four hours per day,
respectively, are not impacted by the tariff revision. Their SRT tariffs have
been frozen and consequently, they will continue to be charged the old tariff
prior to the introduction of the SRT.”
The Abuja Electricity
Distribution Company (AEDC) stated that customers on the prepaid platform will
be the first to experience the revised tariff from November 1.
Ahmed Zakari, special adviser to
the president on infrastructure, had stated that the electricity market may
collapse if there is no transition to a market-based regime with transparency
in the collection of revenues by the DisCos.
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