3 December 2012

Nigeria: No Plans to Reduce Electricity Tariff - Amadi

Photo: Vanguard
Electricity in Nigeria

Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr Sam Amadi, has denied plans to review any aspect of the newly introduced electricity tariffs downward.

Speaking to newsmen at the Gas to Power conference organized by the commission in collaboration with the USAID in Lagos, Amadi said the issue of downward review of the tariff was uncalled for given that the new tariff regime came into force less than six months ago.

A commissioner at the NERC was recently quoted as saying that the commission had started the process of reviewing downward the tariff dubbed the Multi Year Tariff Order (MYTO) II to be more favourable to small scale businesses.

Copyright © 2012 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.