By: Jolly Adjevwe Port Harcourt

Port Harcourt Electricity Distribution Company (PHED) has made public its intention to review electricity tariff. The move comes on the heels of a directive by the Nigerian Electricity Regulatory  Commission (NERC) to electricity distribution companies to meet with customers and inform them about the need to review tariff in view of current realities and challenges in the industry.

According to the Manager, Corporate Communications PHED, Jonah Iboma, the notice of intention to review tariff has already been published in the company’s website and the company’s offices in the four states that PHEC operates namely Akwa Ibom, Bayelsa, Cross River and Rivers States.

Mr. Jonah Iboma make this assertion in an exclusive interview with Oriet Energy  Magazine in Port Harcourt, said that the directive by NERC to electricity distribution companies to meet their customers on the planned tariff review, was done so that all stakeholders would be able to make inputs into any new tariff that is set by the regulators.

Iboma said, “we have stated our intention to review tariff on our website and other media so that customers will be aware of what we intend doing. We also want to get their feedbacks sp that the review is done in a manner that meets regulatory standards and results in delivering the best solution to the industry as a whole.”

According him, the Nigerian electricity industry is still characterized by a lot of challenges that require huge investments in technology, manpower and power plants to overcome, adding that stakeholders need to be aware of this in making their inputs for the tariff review.

“It is common knowledge that Nigeria’s electricity industry is passing through a challenging phase right now and the solution to the problems lie with all customers, NERC and all citizens of Nigeria. That is why  all stakeholders must carefully consider issues at stake in making their recommendations, “he stated.

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