National Economy

OPC Urges Tinubu To Stop Discos’ Plan To Increase Electricit­y Tariffs

- BY ADENIYI OLUGBEMI

The Oodua People’s Congress (OPC) has urged President Bola Tinubu to stop the proposed increase in electricit­y tariffs by the Distributi­on Companies (DISCOs).

The OPC president, Mr Wasiu Afolabi, made the call in a statement signed by its general-secretary, Mr Bunmi Fasehun, in Lagos on Sunday.

The federal government on Friday disclosed that 11 successor electricit­y companies have applied for a review of their respective electricit­y tariffs.

The Nigeria Electricit­y Regulatory Commission (NERC) said the rate review is to incorporat­e changes in macroecono­mic parameters and other factors affecting the quality of service, operations and sustainabi­lity of the companies.

Afolabi in the statement, described the move as anti-people, oppressive, unjustifie­d and aimed at discrediti­ng the new regime of President Tinubu.

He urged Tinubu to kill the proposed electricit­y price increase, saying that workers under the umbrella of the Nigeria Labour Congress (NLC) and industrial­ists under the Manufactur­ers Associatio­n of Nigeria (MAN) had earlier rejected the move.

Afolabi noted that Nigerians were still grappling with the consequenc­es of the fuel subsidy removal, saying that increasing the cost of electricit­y would be adding to citizens’ burden and painting the Tinubu administra­tion as uncaring.

“Furthermor­e, the power distributo­rs will increase their earnings if they stop incessant power cuts and poor services.

“Today, citizens are the ones buying their own poles, transforme­rs, cables and prepaid meters.

“DisCos have turned themselves into rent-takers and blackout distributo­rs. We cannot continue this way.

“DisCos should be told to supply prepaid meters freeof-charge, something they have refused to do so far.

“This is because they enjoy sending crazy bills to customers who suffer darkness and power failure all the time,” he lamented.

Adolabi advised the DisCos to borrow the example of the telecommun­ications companies (TESCOS) that had reduced the cost that consumers paid for calls and data.

He reminded DisCos that they had inherited the backbone and infrastruc­ture of the old NEPA and PHCN for a small amount.

Afolabi said that in comparison, TESCOS independen­tly made colossal investment­s in laying undergroun­d, underwater and fibre-optic cables, antenna and electricit­y generators, and they are reaping the profits today.

He urged DisCos to justify the hundreds of billions in public funds that past regimes pumped into the sector, even when the distributi­on segment of the electricit­y value chain had been privatised.

According to him, it had become clear that the DisCos wanted to reap where they did not plant.

“This is because the generation and transmissi­on companies were largely dischargin­g their responsibi­lities while distributi­on remained problemati­c.

“President Tinubu should tell distributi­on companies that if they cannot deliver with the current tariff, they should submit their licences and close shop.

“Moreover, the government should scrap this territoria­l monopoly, where only one DisCo has commandeer­ed a service area and allows no competitio­n.

“Consumers in any area should be able to choose and transfer to other DisCos as currently obtains in telecommun­ications and in other countries,” he said.

Afolabi added that this would further create competitio­n and push DisCos to render quality service in order not to lose customers to competing suppliers.

 ?? ?? Executive vice chairman and chief executive officer (EVC/CEO), National Agency for Science and Engineerin­g Infrastruc­ture (NASENI), Dr Bashir Gwandu, explaining a point to Air Vice Marshall (AVM) S.L. Rabe, Commandant, Air Force Institute of Technology (AFIT), Kaduna when he paid him a working visit at NASENI headquarte­rs in Abuja
Executive vice chairman and chief executive officer (EVC/CEO), National Agency for Science and Engineerin­g Infrastruc­ture (NASENI), Dr Bashir Gwandu, explaining a point to Air Vice Marshall (AVM) S.L. Rabe, Commandant, Air Force Institute of Technology (AFIT), Kaduna when he paid him a working visit at NASENI headquarte­rs in Abuja

Newspapers in English

Newspapers from Nigeria