The Eko Electricity Distribution Company (EKEDC), a top power utility firm in Lagos, Nigeria’s commercial nerve centre, has underscored top service delivery as it announced that customers that have more supply would pay more for power consumed from July 1, 2020.
The company, which stated this in a statement sent to Platforms Africa, noted that this new service reflective tariff is in line with regulatory policies aimed at improving service delivery.
The review, the statement issued by EKEDC’s spokesman, Godwin Idemudia – an accomplished corporate communication veteran – read, is in accordance with regulatory policies that permits a periodic tariff review to reflect current macroeconomic realities of the country.
It stated, “The objective is to ensure a service reflective tariff that will enable our companies the required Performance Improvement Plan for Electricity Distribution Companies in Nigeria and achieve financial and fiscal sustainability in the Nigerian power sector.
“The tariff review becomes imperative considering the need to improve quality service to our esteemed customers. The new tariff will be strictly service reflective as customers are expected to pay tariff based on the electricity supply available to them.”