Nigerians Pay Billions Of Naira To DisCos Despite Frequent Outages

Nigerians have continued to pay for the power supply but have not seen enough of that in the past five years, with electricity tariff rising as economic indices worsen.

Although the power sector was privatized on November 1, 2013, to turn the situation around, there have been arguments that power supply had worsened when compared to the time of the National Electric Power Authority (NEPA)/Power Holding Company of Nigeria (PHCN).

The 11 distribution companies (DisCos) got the target to invest in power assets by reforming them and improving supply for their about six million customers then.

While the customer base has improved to over 10 million, according to enumeration records submitted to the Nigerian Electricity Regulatory Commission (NERC), power outages, rationing, and low voltage are still prevalent among consumers.

Read More: https://dailytrust.com/nigerians-pay-billions-of-naira-to-discos-despite-frequent-outages

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