Electricity consumers in some part of Lagos have expressed worry over increase in fixed metre charge for pre-paid metres users.
They accused the Federal Government, through the Power Holding Company of Nigeria, PHCN, of short changing Nigerians, considering that there was no stable power supply to justify the increase.
The fixed metre charge before the new tariffs kicked off in June 1, 2012 was N500, but was increased to N750 in June 1, 2013.
Meanwhile, Nigeria Electricity Regulatory Commission, NERC, said the price is the cheapest and lowest in the world.
E-biz247 reliably gathered that the increase was meant to boost investors’ confidence in the ongoing privatisation process in the power sector.
NERC Chairman, Sam Amadi in an interview with Vanguard said N750 was not too much for fixed charge, adding that “my worry is that there is no electricity. N750 is not too much to pay. It is one of the lowest ever in the world. The problem we have is that Nigerians are used to paying nothing.
NERC boss maintain that it is cheaper for electricity consumer to stay connected to national grid as against generating power from generating sets.
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