Electricity Tariff: It's a Bitter Pill For Nigerians Says Fashola

       

The Minister of Works Power and Housing , Babtunde Fashola appealed to Nigerians to bear the pains of the new tarif in electricity,he said it a bitter pill Nigerians should learn to swallow. for the  the Nation's growth and interest.

The Minister told reporters that the right thing should have been to increase power supply before the tariff increase, during his meeting with operator and inspection of ongoing works at the Alagbon Local 2x15MVA, 33/11 KV injection substation in Ikoyi.
He said, that wasn't possible because of the rot the current administration met on the ground.he assured consumer that they will get value for their Money.

His words: “I understand that people who have been disappointed over a long time will feel the sense of concern that again tariff has gone up. But the truth is that this tariff ought to have been there from day one, and I don’t know why government of yesterday was not courageous enough to tell us this was the tariff. This is why you have this MYTO (multi-year-tariff-order) every two years. So, they (past governments) have given the impression that the price of power will increase every two years.

“What we have done now with the Nigerian Electricity Regulatory Commission (NERC) is to give a 10-year tariff. In that tariff, about two years from now, it will begin to go down. Whatever price the tariff offers now, is a lot cheaper than diesel, inverter and petrol generation. My relations also ask me, minister, what is this? So, I’m not an exempt. It is a painful pill that I must appeal that Nigerians swallow. It is like quinine and malaria. It is painful, not sweet, and I know that, but I chose it because we are not left with many choices. This is the first major decision in power that this administration is taking. Another problem is transmission; and we are fixing it.”