The Association of Nigerian Electricity Distributors (ANED) revealed earlier today that the Federal Government is making plans to pay for the electricity.
ANED, the umbrella body of all the electricity distribution companies, made this known via a public statement. The body noted that it recognises the challenging effects of the coronavirus (COVID-19) on the economic and daily lives of our customers, adding that in fulfilment of its commitment to the nation, align itself with the efforts of the National Assembly and the Federal Executive to mitigate the hardships that are currently being borne by its customers and other citizens all over the country.
He said: “The energy to be supplied for the two months is not free from the DisCos but is being paid for by the Federal Government, in partnership with the National Assembly. As such, the ability for the DisCos to go forward is subject to the stimulus package being passed by the National Assembly and signed into law by Mr. President; and while this palliative seeks to mitigate the economic challenges that Nigerians are being subjected to during this COVID-19 period, it is our hope that we not lose sight of the no-cost reflective tariff challenges that the DisCos continue to suffer under. Regardless, we laud Mr. President, members of his government and the National Assembly for this initiative.”
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