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  • News - North Central - FCT
  • Updated: September 07, 2022

Group Calls For Electricity Protection Policy For MSMEs

Group Calls For Electricity Protection Policy For MSMEs

The Micro, Small and Medium Enterprises Electricity Consumers Protection Advocacy Group has urged the federal government to set up an electricity protection policy for Micro, Small and Medium Enterprises (MSMEs).

This was made known by the National President, Association for Public Policy Analysis (APPA), Princewill Okorie in an interview with the News Agency of Nigeria (NAN) on Wednesday. 

According to him, the group had submitted a document on the policy to the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Federal Ministry of Power and other government agencies. 

Okorie said: “What prompted us to put the document in place is that MSMEs are contributing to social development of the country. 

"The survey we carried out shows most of these people are not making enough profit.

“We found out that they are not making enough profit due to the high cost of diesel and fuel as well as estimate billing."

He alleged that corrupt practices in the electricity sector was also affecting the MSMEs. 

“Electricity Distribution Companies (DisCos) that are supposed to explain their mode of service delivery to them are not doing that.

“And the local government councils where these MSMEs pay revenue and levies don’t know if they are making profit or looking at how electricity is affecting them," he added.

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