ECONOMY

The Manufacturers Association of Nigeria (MAN) has faulted disparity in electricity tariffs by Distribution Companies (DISCOs) across Nigeria, noting that it creates uneven playing ground which may lead to closure of some companies
President of MAN, Mr Mansur Ahmed, in a statement noted that the tariff differences in some instances are as high as 25 percent making it impossible to ensure fair competition among manufacturers. He called on the Federal Government to prevail on DISCOs to regularise the varying cost of electricity tariff across different states for the purpose of creating a level playing ground for manufacturers in the country.
Most worrisome is the fact that manufacturers who are made to pay higher tariffs sell their products in the same market and cannot afford resultant effects of wider gap in the prices of products as competitors in the industry.



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