HURIWA, a prominent civil rights advocacy group made the remark while urging Nigerians to publicly protest the proposed hike in the electricity tariffs as proposed by NERC to commence on April 1st 2020.
A statement by HURIWA’s National Coordinator, Emmanuel Onwubiko noted that aby upward review of tariffs of electricity can only be an imposition of “slave tariffs for the darkness that envelopes most parts of Nigeria at night following constant failures of the Distributors to meet up with their business obligations to the consumers of electricity.”
The rights group quoted Fashola, who did not mention the name of the company, as saying that the federal government provided the fund based on the demand for meters, given the increasing power generation, transmission and distribution in the country. “According to public information made available by the Central Bank of Nigeria ’s annual report for 2018, the apex bank had as at the end of 2018, granted total credit of N1.095 trillion to the power sector under three different schemes it set up. The schemes were Nigerian Electricity Market Stabilization Facility worth N213.
Recall that NERC had recently directed the 11 electricity distribution companies, DisCos, to hike their tariffs by average of 50 percent on April 1. The memo was dated February 12, 2020. The power distributor titled the document: “Re: Addendum to Ikeja Plc’s Performance Improvement Plan and application for extraordinary tariff review of MYTO-2015.”
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