Amid reports of a possible hike in electricity tariff, the Minister of State for Power, Goddy Agba says it is yet to be Increased.
In an interview with newsmen, the minister said a committee set up by the government has submitted its report to the Secretary to the Government of the Federation (SGF), for review following which the committee would further sit on to make a decision.
“There has not been an increase in electricity tariff. We are working on getting a suitable and acceptable tariff that will be acceptable to all Nigerians. It is going to be fair and equitable, I assure you if this,” the minister said.
He assured that the government is not interested in putting in place a tariff regime that will bring hardship to the people.
“Government intends to solve the problem of the people; so it won’t unilaterally impose a tariff that will bring hardship on her people. We are working together with Labour; we know the minimum wage is not enough to carry on all of the problems we have.
“So, I assure you that when a new tariff regime comes in place, both labour and Nigerians will be happy because we are not working in isolation of labour- labour is for the people; labour is on that committee and they are guiding us appropriately,” Agba said.
Recall that there have been reports of a planned tariff hike as contained in a new tariff order by the Nigerian Electricity Regulatory Commission (NERC) to Electricity Distribution Companies (DisCos) and Electricity Generation Companies (GenCos), sanctioning the increase.
NERC in a letter entitled ‘Tariff Increase Notification’ gave the energy distributors the leverage to charge a service-based tariff.