Sam Amadi
By Chineme Okafor
The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has said that the commission has no plans to conduct a downward review of any aspect of the newly-introduced electricity tariff as was recently disclosed by one of its commissioners.
Amadi, who spoke at the sidelines of a workshop on investment prospects in gas to power organised by the commission in collaboration with the United States International Development agency (USAID) alongside the National Association of Regulatory Utility Commissioners of United States (NARUC) in Lagos, stated that there was no need for any review of electricity tariff as contained in the Multi Year Tariff Order (MYTO-2), which was launched in June 2012.
He noted that the issue of downward review of the tariff was uncalled for given that the new tariff regime came into force less than six months ago.
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