Thursday, February 18, 2016

Tariff reversal: Nationwide blackout looms, power firms warn

Image result for nigeria protest electricity tariffImage result for blackout looms, in nigeria

The country may be thrown into a blackout in the near future if the advice by the Senate to the Nigerian Electricity Regulatory Commission to reverse the new electricity tariffs is heeded, power distribution companies have said.

This is coming as NERC stated that it had not.....
received any official communication from the National Assembly on the advice to stop the implementation of the revised tariffs.
The Senate had on Tuesday advised the Federal Ministry of Power, Works and Housing, NERC and the electricity distribution companies not to go ahead with the about 45 per cent increase in tariffs, but should revert to the former rates.
But the Association of Nigerian Electricity Distributors stated that the Senate intervention was capable of crumbling the power industry, arguing that the country risked future blackouts if it was forced to go back to the old tariff regime.

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