Former Vice President Atiku Abubakar has faulted the increase in electricity tariff, describing it as “ill-timed”.
Atiku made his view on the electricity tariff increase known in a tweet on Thursday.
He said the increment was a disregard for the challenges faced by Nigerians.
Instead of a hike in electricity tariff, the former presidential candidate said Nigerians deserve a stimulus after the lockdown.
Atiku said, “I reject the increased electricity tariffs. Coming out of the lockdown, Nigerians need a stimulus, not an impetuous disregard for the challenges they face.
“Many Nigerians have not earned an income for months, due to no fault of theirs. This increase is ill-timed and ill-advised.”
It had earlier been reported that in a surprise move, NERC approved an increase in electricity tariff with effect from September 1, 2020.
This comes three months after the tariff hike implementation slated for July 1 was halted by the National Assembly, which prevailed on the distribution companies to shelve the date to the first quarter of 2021 due to the current economic challenges in Nigeria.
But a NERC document seen by our correspondent on Tuesday showed that electricity customers, except those receiving less than 12 hours of supply, would have to pay more for electricity starting from September 1, 2020.
According to the document, the new tariff is based on the hours of electricity supply available to the customers.
Customers are categorised into maximum demand and non-maximum demand customers, as against the previous categories of residential, commercial, and industrial customers, with different bands (A to E) depending on the level of supply.
For Ikeja Electric, a residential customer on single phase receiving a minimum of 12 hours of supply will now pay N42.73 per KWh, up from N21.30 per kWh.
For Eko Electricity Distribution Company, a residential customer on single phase receiving a minimum of 12 hours of supply will now pay N43.01 per kWh, up from N24 per kWh.
For Abuja Electricity Distribution Company, a residential customer on single phase receiving between 12 to 16 hours of supply will now be charged N45.69 per KWh, up from N24.30 per kWh.
Kaduna Electric announced on Twitter on Monday night that non-MD receiving between 12 and 16 hours will be charged N50.10 per KWh, adding that the tariffs for customers receiving less than 12 hours had been temporarily frozen.
“Following consultations and directions on tariff policy, the commission hereby approves a deferment of the applicable tariffs for customers in service bands D and E (that is customers with a service commitment of less than an average of 12 hours supply per day over a period of one month) for the period September 1, 2020 to January 1, 2021,” NERC said.