Minister of Power, Works and Housing, Babatunde Fashola, has advised Nigerians to accept the reality of increased electricity tariff. He said the increment was effected so that Nigerians can enjoy reliable power supply.
The minister urged Nigerians to ask that meters be supplied instead of getting court injunctions against tariff review. Fashola said the federal government had chosen to settle out of court for a contract, awarded in 2003, for the supply and installation of three million prepaid meters.
The contract, which is worth N37 billion, was awarded during the era of the National Electric Power Authority, NEPA, and was not executed before the power sector privatisation was concluded in 2013. He also said the contract had been reviewed for immediate implementation.
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