News
Stop calling us NEPA it shows you don’t want electricity- DISCO
Spokesperson to the Electricity Distribution Companies (DisCos) in Nigeria, Sunday Oduntan said this when he appeared on TVC’s ‘Your View’, revealed claims of a 78% increase in electricity tariff.
Oduntan also 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 disclosed that more than 95% of what is used in Nigeria’s power sector are imported which is the reason there is a proposed inflation in electricity tariff.
Oduntan added that if the exchange rate is good and there is reduced importation in the electricity sector, there will also be reduction in electricity tariff.
The Discos spokesperson also told Nigerians to stop calling them NEPA because it shows they don’t want change, have not noticed there is a change and also don’t want electricity.
Watch the video below:
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