Group Condemns Government Decision To Increase Cost Of Electricity Meter

The Coalition for Affordable and Regular Electricity (CARE), has condemned the decision of the Federal Government and the Nigerian Electricity Regulatory Commission (NERC) to increase the prices of meters in the country. Information Guide Nigeria

According to DAILY POST, reports gathered reveal that the Nigerian Electricity Regulatory Commission, NERC has approved the increment of the unit price of the meters from N44,896.17 to N58,661.69 for single-phase meter and N82,855.19 to N109,684.36 for three-phase meter.

Reacting to this, CARE says it is wrong to announce such a decision when Nigerians were still experiencing an erratic supply of electricity in the country.

Read Other Top News: 

• Rural Students Receive 300 Bicycles In Borno
• Govt. To Make Transport Subsidy Payment Digitally For At Least Six Months
• 2022 Budget Has No Provision For N5000 Transport Grant – Senate
• Finance Minister Says Non-oil Revenues Have Grown To N1.15 Trillion

DAILY POST reports that the group said this in a statement made available to DAILY POST through its spokesman in Oyo State, Comrade Sunday Onakoya on Thursday.

Onakoya stated that such a decision is a conspiracy between the NERC and distribution companies adding that such a decision is aimed to satisfy profit interest at the expense of the poor, who are in the majority.

Onakoya said, “This decision is a dubious conspiracy between the NERC and DISCOs to satisfy profit interest at the expense of the Nigerian working people and the poor, and it will definitely increase the economic hardship which mass majority of Nigerians are going through at this present time.

“Given the desperate quest for profit which is the sole driven motive behind the existence of DISCOs and their activities, this new increment in the price of the meter under NMMR for instance will mean that the additional cost incurred by the DISCOs on every meter procured under this arrangement will be transferred to the consumers.

“The situation will definitely be the same if not worse under MAP where the electricity consumers will definitely spend a fortune to be able to procure meter at the newly increased price.

“It is in the light of this the CARE Oyo State rejects the NERC/FG decision to hike the price of meter with a conclusion that it’s an anti-people and unacceptable and therefore demands an immediate reversal.

“ The argument seeking to liken meter to phone is fraudulent and unfounded. CARE rejects this as well as the related argument canvassing that the sale of meters should be liberalized.

“We reiterate our insistence that meter is the property of DISCOs and its free provision for adequate measurement of the accurate amount of energy consumed is the responsibility of DISCOs.

“Interestingly, this obligation of DISCO was acknowledged in the agreement it signed prior to its acquisition of PHCN in 2013. Jamb Result

“According to this agreement, all Nigerian Electricity consumers were promised to be freely metered by DISCOs within 18moths of the acquisition”.

Check and Confirm: How much is Dollar to Naira Today        Pounds to Naira Today

📢 We are hiring writers!