Barrister Jude Igwe, Vice President Public Relations Manager of the chamber, said, “We believe the hike was predicated on inappropriate assumption. “The chamber is particularly happy that the commission has realised the negative impact the high tariff would have on consumers and the nation’s economy particularly at this point in time when quite a number of factors, both domestic and global are infringing on the smooth running of the economy.’’The chamber argued that, “It is unconscionable for the DISCOs to believe that the only way out for them is to encumber their consumers, who pay their bills as at when due with the uncollected bills of recalcitrant consumers. It defies all logic that consumers who comply are penalised for the sins of those who do not.”Barr. Jude also said, “These amounts not collected which they call collection losses have by this laudable decision been removed from customer tariff which has brought it down in some places by about 50% and it is a very big relief particularly for the manufacturing sector.”The chamber said since both the DISCOs and the business community are in business for profit, the former should be talking about tariff that would ensure that they recover their costs and ensure efficient operations that will give the consumer value for money.
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