PITIABLY ineffective as a regulator, the Nigerian Electricity Regulatory Commission has shown once again that it is very adept at heaping misery on vulnerable electricity consumers while protecting the interest of the oppressive and incompetent power sector investors. Hiding under the guise of implementing the Multi-Year Tariff Order, NERC bowed to pressure recently and approved an increase in electricity tariff effective from April 1, 2020.
The same NERC that claims to be carrying out its statutory functions has not been forthcoming in enforcing its order over the provision of prepaid meters to consumers to enable them to pay only for the power they consume. NERC has also not been able to get the Distribution Companies to do away with “estimated billing,” a fraudulent concept that has exposed electricity consumers to brazen extortion by the DisCos.
It is on record that power generation in Nigeria stood at 3,712.4 megawatts on November 1, 2013, according to the Nigerian Electricity System Operator. After six years, the power available for distribution is estimated at 4,000 MW. From 12,910.40MW in 2013, the installed capacity has increased to 13,427 MW now. Considering the fact that the population has further increased from 171 million then to over 200 million now, it means the situation is actually worse.
I laugh in Greek.
in fact bedc is even worst.some days now no light but they still bring exorbitant bills.
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