NACCIMA Decries High Electricity Tariff In Nigeria

The Nigerian Asso
ciation of Chambers of Commerce Industry, Mines and Agriculture (NACCIMA), has moved for the cancellation of electricity tariff fixed charge to Nigeria consumers.
NACCIMA President, Alhaji Badaru Abubakar said this in a chat with press men in Abuja recently.
He noted that in the face of the present epileptic power witnessed in the country the current multi year tariff order (MYTO) is rather too outrageous.
Abubakar explained that charge which is between N750.000 – N1.500 retail tariffs for residential was not friendly, judging from the average pay of the Nigerian worker.
Against this backdrop, he advised that there should be no fixed charge to consumer until the economic situation improved.
Furthermore, he added that the N90,000 – N200.000 retail tariffs charge for commercial and industrial operators  are also high, considering the nature of their business.
The NACCIMA boss also expressed worry over the yet-to-be achieved promise of the federal government on the policy of 24 hours cargo clearance.
According to him, it has made the issue of Pre-Arrival Assessment Report (PAAR) complex, adding that issuance and wrong computation alongside huge demurrage to shipping companies are still positing serous challenges.
He called on the Federal Government authorities and agencies to find solution to the situation, through the public private partnership, saying that it would work out.