PHCN Increases Tariff From N8 To N40 Per Kilowatts!

*What???*
THE new tariff of the Power Holding Company of Nigeria (PHCN) will take effect from today, according to the Multi Year Tariff Order (MYTO) regime.

In the new tariff,
Nigerians will now be paying N40 per kilowatt as against N8 per kilowatt in the old regime.


Meanwhile, reactions have been trailing the increase in electricity tariff. The president of Senior Staff Association of Electricity and Allied Companies (SSAEAC), Comrade Bede Opara,said that Nigerians' suffering would increase, if the new tariff was implemented against their wish and that of electricity workers.

"Telling Nigerians to pay what they are paying is even wrong because they are not enjoying the services they are paying for. Nigerians are complaining that the bill is high and yet, you are asking them to pay more while there is no improvement in power generation."

Another stakeholder in the power sector, the Business Development Manager, Biopower Nigeria Limited, Mr Lanre Agboola,said that the Federal Government was insensitive to the plight of Nigerians. He said the government should have made provisions for improvement in power generation before introducing higher tariff.

"When the telecoms operators came with prepaid billings, people bought into it because you can evaluate what you are paying for, but when there is no improvement in power supply and you are asking Nigerians to pay more is unjustifiable," he said.
So what do you think about the increase?