By Abubakar Ibrahim, PhD Electricity Market Analyst The recent decision by the Enugu Electricity Regulatory Commission to lower Band A electricity tariff to ₦160/kWh from 209/KWh may have been well-intentioned, but it opens a complex debate about market stability, subsidy sustainability, and the future of Nigeria’s power sector. The implications is that, Mainpower a subsidiary of Enugu Electricity Distribution Company (EEDC) will struggle to meet its financial obligation to NBET/NISO, this is due to the shortfall in revenue from Band A customers. Moreso, failure to settle 100% of their bills may lead to sanctions from both NBET and NISO. However, some critics have argued that the current Band A tariff is driving electricity consumers off the grid with some seeking an alternative source of power, while others engage in electricity theft. It is also important to note, EERC unilateral move may encourage other states to act in the same way, while this seems pro people's decision, it ma...
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