Oduntan who appeared on TVC’s ‘Your View’, debunked claims of a 78% increase in electricity tariff as he pointed out that the Nigerian Electricity Regulatory Commission (NERC) is the independent regulatory body in charge of regulating the power sector just like the Central Bank of Nigeria (CBN) regulates banks.
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He further revealed that more than 95% of what is used in Nigeria’s power sector are imported which is why there is a proposed increase in electricity tariff.
Oduntan added that if the exchange rate is okay and there is reduced importation in the electricity sector, there will also be reduced electricity tariff.
The Discos spokesperson also told Nigerians to stop calling them NEPA because it shows they don’t want change, have not noticed there is a change and also don’t want electricity.
Here is the video below;
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