COMMUNIQUE: POWER SECTOR PAYMENT ASSURANCE PROGRAM FOR POWER GENERATION COMPANIES

In recognition of the critical role that energy and access to electricity plays in economic growth and poverty reduction, the Federal Government of Nigeria (FGN) as part of its Economic Growth and Recovery Plan, at its Federal Executive Council meeting of 1st March 2017 has taken far-reaching steps to reset the electricity industry. 

These steps, conceived within a sequence of sector reforms, confirm Government’s commitment to enforcing decisions taken as a nation to move from a vertically integrated Government owned statutory monopoly that did not serve our power needs, to a private sector led industry –with Government as guarantor, regulator and policy maker– that achieves the objective of developing a better and sustainable power sector as quickly as possible.

Power Supply: Consumers won’t pay after 15 days of power cut – FG

Federal Government, yesterday, said with effect from today, electricity consumers that had no power supply for 15 days in a month are no longer required to pay the monthly N750 fixed charge to their respective Distribution Companies, Discos.

The Chairman, Nigerian Electricity Regulatory Commission, NERC, Dr. Sam Amadi, who issued the directive at a briefing in Abuja, said it became necessary after the commission carried out investigations into complaints from consumers over continued payment of fixed charge even when service is not delivered.

Amadi said: “While the commission has determined that the fixed charge remains an essential component of the bill, it has, however, reviewed the continued retention of the fixed charge component in the tariff and payment of fixed charge in the light of consumer complaints, particularly with regard to continued payment of fixed charge even when the energy is not delivered to the consumer.