PHCN and investors are set to make N1b monthly for doing nothing. PHCN and their new investors have increased the Fixed charge for Prepaid meters from N225 to N500 and now N750. We are told the target is N1000 monthly.
What this means is that, PHCN and the New investors, can go to bed, do nothing and still collect N1b every month from 1 Million subscribers of Prepaid meters. My God! How can this be happening?!
Wasn't the essence of the prepaid meters to ensure PHCN make electricity available and when it's not available, we don't pay as against the past when we usually paid NEPA for not giving Light?
With this introduction of High Fixed Charges, why would a company
be willing to provide regular electricity when they are guaranteed a sum of N1b every month whether they work or not. I just don't understand the formulation of laws in this country.
Its such a shame what corruption has turned our politicians into. Monsters with no heart. This has to stop.
Its like GSM companies charging us N750 for just owning a Hand set. We are been charged N750 for owning a meter and yet we still pay electricity rates. Its wrong.
If you agree re-broadcast until it gets to someone in position to do something. If you just sit back, you never can tell what they will do next.
Charge you for your bore hole?
Its possible. Let's speak out now.
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