- TCN Managing Director Sule Abdulaziz claims that despite recent tariff hikes, electricity in Nigeria remains cheaper than in neighbouring countries like Niger and Burkina Faso.
- Abdulaziz asserts that customers in Band A receive 20 to 24 hours of daily electricity, though many residents dispute this claim, citing inconsistent power supply.
- The recent tariff increase, raising costs from N66 to N225 per kilowatt-hour, has drawn criticism amid economic struggles, particularly following the removal of petrol subsidies that spiked fuel prices.
The Transmission Company of Nigeria (TCN) has defended the recent increase in electricity tariffs, claiming that electricity costs remain lower in Nigeria than in neighbouring countries. TCN Managing Director Sule Abdulaziz made these statements during an interview on Channels Television’s Sunday Politics.
Abdulaziz explained that the tariff hike results from the complexities of electricity production. He stated that citizens classified under Band A enjoy an average of 20 to 22 hours of electricity daily. Some customers in this group reportedly receive up to 24 hours of power. However, many residents contest this claim, arguing that the actual supply does not meet these figures.
“Nigerians pay more because producing electricity is not easy,” Abdulaziz said. He pointed to the current exchange rate as a significant factor in the rising power costs. Despite the increase, he argued that Nigeria’s electricity prices remain cheaper than those in other African nations. Countries like Niger, Burkina Faso, and Senegal surfaced in this context.
Abdulaziz expressed optimism about the future of Nigeria’s power supply. He stated that stable electricity could materialise within the next five years. He noted improvements in electricity supply over the past year, asserting that most Nigerians recognise these advancements.
On April 3, 2024, the Nigerian Electricity Regulatory Commission (NERC) raised electricity tariffs for customers enjoying around 20 hours of power daily. Customers in this Band A classification now pay N225 per kilowatt-hour, a sharp increase from N66. This change has sparked significant criticism from the public, particularly in light of the prevailing economic conditions.
The timing of this tariff hike has raised eyebrows, especially as it coincided with the removal of petrol subsidies. The removal led to a dramatic increase in fuel prices, with costs rising fivefold. Many Nigerians struggle to cope with these financial burdens, making the tariff increase even more contentious.
Critics argue that the government should focus on improving electricity supply rather than raising costs. They believe that Nigerians deserve reliable power at affordable rates, especially given the economic challenges many face.
Abdulaziz, however, maintains that improvements in power supply will continue. He highlighted recent achievements in the sector, asserting that they reflect a commitment to better service. Despite the pushback, he remains confident that the public will eventually recognise the efforts made.
The ongoing debate around electricity tariffs underscores a broader issue in Nigeria’s power sector. Many consumers feel the impact of rising costs while receiving inadequate service. As the government navigates these challenges, transparency and accountability remain paramount.
The TCN’s claims about lower prices than neighbouring countries have prompted further scrutiny. While Abdulaziz’s statements provide a glimpse into the challenges of power production, they do not fully address the concerns of the average Nigerian.
In conclusion, the TCN’s defence of the tariff increase reflects a complex reality in Nigeria’s electricity sector. While the company cites lower costs compared to other countries, the practical experience of citizens tells a different story. With economic pressures mounting, the demand for reliable and affordable electricity continues to grow. The situation remains fluid as stakeholders grapple with the challenges of providing consistent power in a demanding economic landscape.