Business
Electricity: Consumers Disagree Over Increased Bill
A cross section of Nigerians has kicked against the claim by the Nigerian Electricity Regulatory Commission, (NERC) that the increased electricity bills by power distribution companies was due to stability in power supply in the past three months.
Some of the electricity consumers who spoke to our correspondent said the claim was not all encompassing.
According to Boniface Madume, a welder, who spoke to our correspondent, the NERC was economical with the truth.
He said not every section has been receiving electricity as claimed.
Madume said so long as the estimated billing system was still on going, there was no way the increased tariff could be justified.
For Blessing Uzo, who operates a cold room in Port Harcourt, the explanation by NERC should not be a yard stick for the increased billing.
She explained to our correspondent that a lot of electricity consumers do not have metres in their houses and wondered why the increase should be justified, adding that electricity officials do not even read metres in the first place.
Uzo claimed that she has been paying her electricity bills as at when due, yet bills sent to her have not been stable even as she said there has not been any marked improvement in electricity supply to her company.
However, Mr Nelson Obiozor, who runs a mini shopping centre explained that metering should be done according to consumption to enable users of electricity know the amount due them for payment ever before bills arrive.
Power generation in the country hit an all-time high of 5,80.7 megawatts on August 25, 2015. Prior to this peak generation Nigeria’s electricity generation had hovered between 3,000MW and 3,500MW for years, Our correspondent gathered.
In the past two months, power consumers, especially those on estimated billing had repeatedly complained that they were being over billed by electricity distribution companies.
Although, according to investigations by our correspondent, the Chairman of NERC, Dr. Sam Amadi, has stated that he was aware of the complaints, he explained that the marginal stability in power supply necessitated the increase in bills.
He, however, noted that electricity tariffs had not changed and added that customers who paid bills that were calculated based on illegal rates should contact the commission.
An indigenous survey firm NOIPOLLS, in its latest report for the third quarter of 2015 released last week had stated that power supply across the country has improved.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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