Nigerian Power Distributors have warned Nigerians to stop referring to them as NEPA, the name which the Nigerian power holding agency was called before its privatisation, if they truly want electricity supply.
This was made known by the Distribution Companies DisCos’ Spokesperson, Sunday Oduntan while speaking on TVC’s ‘Your View. Sunday debunked claims of a 78% increase in electricity tariff as he pointed out that the Nigerian Electricity Regulatory Commission (NERC) is the independent regulatory body in charge of regulating the power sector just like the Central Bank of Nigeria (CBN) regulates banks.
He further revealed that more than 95% of what is used in Nigeria’s power sector are imported which is why there is a proposed increase in electricity tariff. Oduntan added that if the exchange rate is okay and there is reduced importation in the electricity sector, there will also be reduced electricity tariff. Read also:Â Buhari: Nigerians Will Have Affordable And Uninterrupted Electricity Supply Soon
The then warned Nigerians to stop calling them NEPA as it shows that they do not want change and electricity. He added that it also means that Nigerians have not noticed there is a change in the power supply, both in the name and the routine of power supply.
