NERC will determine electricity tariff-Presidency
By Gabriel Ogunjobi
The Presidency has declared the decision to increase electricity tariff is within the purview of the Ministry of Power and National Electricity Regulatory Commission.
Femi Adesina, the spokesman to the President, noted this on Monday evening while speaking on a monitored live Channels TV programme.
Last Saturday, NERC approved an increase in electricity tariff by the 11 Electricity Distribution Companies (DisCos) in the country.
Adesina said: “The matter is strictly not within the purview of the President but the ministry of power and National Electricity Regulatory Commission.
“Besides, the ministry had already explained that any adjustments to the tariff will only take effect from April. So, let’s leave it at that for now”, Adesina said.
“It’s rather too early to ask the President to wade in at this time. He should only be consulted as a final resort.”
Adesina reassured that the Federal Government will continue to ensure the interests of the public are protected regardless of any new policy implemented.
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