Discos -- No plan to increase electricity tariff

The Association of Nigerian Electricity Distributors (ANED) on Wednesday said it had no arrangement to build the present tax being paid by consumers.

 Mr Sunday Oduntan, ANED Executive Director, Research and Advocacy, uncovered this in a phone meet with the News Agency of Nigeria (NAN) in Lagos.

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He said that the Distribution Companies (DISCOs) had not presented any proposition to the Nigerian Electricity Regulatory Commission (NERC) on levy increment.

 "It is not genuine that we need to expand the duty by 200 for each penny since we don't have any privilege to do as such. "When you discuss tax audit or increment, it is the duty of a controller and that work has a place with NERC.

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 "We ought to see how the framework functions since it is the work of the controller to choose whether there ought to be tax audit and not DISCOs,'' said the ANED official.

He encouraged the National Assembly to reexamine the stoppage of the bond gave by government keeping in mind the end goal to address the liquidity challenge confronting the power division.

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"We are not requesting sponsorship but rather that administration ought to venture in and give a bond,'' he said. Oduntan said that the matter of power appropriation were in no time not bankable in light of the fact that no bank would loan DISCOs cash with the immense shortages in their books.