The former chairman of the Nigerian Electricity Regulatory Commission (NERC), Sam Amadi has given reason why the new electricity tariff should be embraced by Nigerians.
Mr Amadi told Channels Television that the new tariff would ensure more power supply, improve service, help achieve a smooth meter roll out, ensure more hours of power supply and remove fixed charges to enable people pay for only what they consume.
Speaking as a guest on Sunrise Daily, he said that the tariff would reset the electricity market for higher efficiency with the need to have more quantities and create a market in which customers are satisfied with what they are paying for.
Mr Amadi said that he had met with the National Assembly to explain how billings were made, adding that it was presented to the House before the new tariff came out.
He also said that before the tariff was issued, the NERC had met with the distribution companies (DISCOs) to show them what they intended to do.
“Two days before the issuing of the new tariff we had done all consultations with the House, DISCOs and market before issuing,” he said.
He added that the decision was in the best interest of the market.