Business
ECCIMA Decries High Electricity Tariff
The Enugu Chamber of
Commerce, industry, Mines and Agriculture (ECCIMA) has decried the high electricity tariff being charged by the Enugu Electricity Distribution Company on individual and companies within the south-east states of Abia, Imo, Ebonyi, Anambra and Enugu.
A statement by the ECCIMA President Dr, Ifeanyi Eric Okoye last Monday in Enugu said despite the high electricity tariff charge the power situation has not improved in the south-East states.
Okoye said the power supply situation is even worse now than previously, stressing that consumers of electricity supply in South-East States now paid almost 100 per cent electricity tariff charge right from January 2015.
He said industrial consumers within the geo-political region used to pay N23.97 kobo per unit of electricity but from January it changed to N46.66 per unit, adding that the high tariff is killing businesses within the south-East states.
The ECCIMA boss said the cost of electricity is increasing without corresponding electricity availability of improvement.
He bemoaned the situation as very dangerous, especially for businesses in the South-East, stressing that the electricity tariff is not uniform in the country as in Lagos consumers paid N26 per unit of electricity, while in the southeast consumers paid N46.66 kobo per unit.
He called upon GENCOS and DISCOS operating in the South-East to consider the plight of the industrialists and individual consumers to have a meaningful dialogue with the people to save the deplorable electricity supply situation.
Okoye said the leadership of the chamber is prepared to have dialogue with the federal and state governments including the National Electricity Regulatory Commission (NERC) to fashion ways forward before industries in the south east are frustrated out of business over the power supply.
He said ECCIMA considered the entire situation unacceptable and urge the management of the GENCOS and DISCOS to properly utilise the recently released power sector funds to them to improve power supply in the south east.
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