Crazy bills, non-availability of prepaid meters and poor power are perhaps the three worse nightmares faced by electricity consumers in Nigeria.
For many, a resolution of some or all of these issues could be described as fulfillment in the sector, largely considered to be the key driver of the economy.
But while the clamour for relief in these areas continues to grow, the Chairman of Nigerian Electricity Regulatory Commission, Dr. Sam Amadi, is calling on the Nigerian public and other stakeholders to take part in a bi-annual review of MYTO 2.
However, feelers from consumers show that they would rather participate in a forum to genuinely address and resolve these pressing issues.
This is particularly so as NERC boasts of having the responsibility of protecting the rights of electricity consumers in Nigeria.
It would be recalled that the Multi Year Tariff Order 2 was introduced in June, 2012 as the basis for pricing principles and procedures.
In a notice posted on its website, NERC said that the methodology would be done twice every year for the determination of charges and tariff for electricity generation, transmission and retail tariff.
It added, “The MYTO provides a 15- year tariff path for the electricity industry, with limited minor reviews bi-annually in the light of changes in a limited number of parameters (such as inflation, US dollar exchange rate to naira, gas price and generation capacity) and major reviews every five years, when all of the inputs are reviewed with stakeholders.
“Pursuant to Sections 7 of the three separate Tariff Orders (Generation, Transmission, and Distribution), the commission has commenced the process of bi-annual minor review of the tariff.
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