Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn

Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn

"Somebody is playing politics with electricity". I think this is the most silly and sentimental seeking statement in 2016.

How can you buy or startup a business expecting to finance with customer's money? I blame the privatisation process of PHCN, it took awhile before they settled the FG.

For almost 2yrs, they charged 750 Naira as fixed charge per month (either you use their product or not). please multiply 750 by 1m people= 750,000,000..... and the greedy people are hoping for a 45% increase in tariff to operate.

What about estimated bills? What they do is the company zones a particular amount to an area or district and expect the marketers to distribute charges randomly to their customers. That is why a lot of people receive outrageous bills and they are reluctant to share meter to customers.

My advise to them, go to banks and seek loans with a plan on how to service and repay same.

Like I always tell Ikeja electricity staffs, "do not forget you are a private company and can be sued. No light equal no finance and Government might revoke ownership".

Please share the light experience in your area....................
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