Minister of Power, Works and Housing, Babatunde Fashola, has advised Nigerians to accept the reality of increased electricity tariff.
He said the increment was effected so that Nigerians can enjoy reliable power supply.
The minister urged Nigerians to ask that meters be supplied instead of getting court injunctions against tariff review.
“If we want to experience reliable electricity, we must accept the reality of tariffs and possible upward or downward reviews. We must stop going to court to get injunctions to stop tariff reviews,” Fashola told Thisday.
“We don’t do so, when exchange rate, inflation and prices of other commodities change. What we must insist on, is the provision of meters, so that we can monitor and control what we consume.”
Fashola said the federal government had chosen to settle out of court for a contract, awarded in 2003, for the supply and installation of three million prepaid meters.
He said the increment was effected so that Nigerians can enjoy reliable power supply.
The minister urged Nigerians to ask that meters be supplied instead of getting court injunctions against tariff review.
“If we want to experience reliable electricity, we must accept the reality of tariffs and possible upward or downward reviews. We must stop going to court to get injunctions to stop tariff reviews,” Fashola told Thisday.
“We don’t do so, when exchange rate, inflation and prices of other commodities change. What we must insist on, is the provision of meters, so that we can monitor and control what we consume.”
Fashola said the federal government had chosen to settle out of court for a contract, awarded in 2003, for the supply and installation of three million prepaid meters.
