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Electricity tariffs: The limits of shock, By Dakuku PetersideINVESTIGATION: How Nigerian soldiers killed unarmed civilians in Kaduna community
The problem was not the nobility of the intention, but something was wrong with these policies’ conception, delivery, and implementation. This is against the absence of a planned execution that appreciated the impact assessment of a singular action on the economic dynamics such that by solving one problem, we created a bigger one.
A gradual, sequential step to the ultimate destination of appropriate electricity pricing would have delivered a different result and minimise the adverse effect on the citizens.
There are obviously systemic inefficiencies and corruption that no one has bothered to address. Asking consumers to pay more will transfer the inefficiencies to the populace. Second, NERC says only 15 per cent or 1.8 million out of 12 million meterable customers are under band A, which enjoys 20 hours of electricity per day, although this may seem unrealistic.
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