The Nigeria Employers’ Consultative Association (NECA) has thrown its weight behind the proposed hike in electricity tariff calling it a ‘necessity for power sector’. “While the customers have said tariff review should only take place after there has been an improvement in service, service providers have said for service to improve, the right amount has to be paid. ALSO READ: Schools in Osun resume second term academic session“NERC for some reasons has delayed implementation of minor reviews that should normally occur bi-annually by regulation. The NERC tariff order in June 2019 took all these into account and adjusted the variables to ensure a cost-reflective tariff. While urging the DisCos to justify the proposed tariff hike, Dr Olawale averred that “consumers and businesses are not averse to paying an appropriate price for electricity consumed.

Source: Nigerian Tribune January 06, 2020 10:52 UTC