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GEJ plays electricity card, slashes tariff by 50%

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The Nigerian Electricity Regulatory Commission (NERC) on Tuesday announced a reduction of electricity tariff by half.

According to the NERC chairman, Dr. Sam Amadi, who made the announcement in Abuja, the reduction, which takes effect from the end of March, followed the regulatory agency’s decision to relief customers from payment of collection loss, which was accountable for the high tariff hike on January 1st this year.

He said that the Discos must convince NERC why consumers have to bear the burden.

The commission, Amadi said, had received several complaints against the increase in tariff of different consumer classes.

It would be recalled that President Goodluck Jonathan had a few days ago directed the NERC and it head, Dr. Amadi, to reduce electricity tariff.

Minister of Power, Prof. Chinedu Nebo had said that “The president has given the chairman of NERC a directive to review the tariff downward,”

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  1. Don Lucassi

    March 18, 2015 at 8:24 am

    1. Why is it just now that he gives a “directive to review the tariff downward”? 2. If power sector is now privatised, the only way NERC can call for a reduction in tariff is the government is subsidising. Where will the funds come from? I thought privatising was done to avoid subsidy and make sectors self sufficient?

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