Lagos – Nigerians are spending almost three times the cost of direct power supply from power distribution companies (DISCOs) on alternative sources of power.
This is according to findings of a poll conducted by a regional polling agency, suggesting Nigerian households typically spent between N3 023 to
N3 726 on direct power supply, while spending between N7 866 and N12 351 on alternative sources of power monthly.
According to NOIPolls, the polling firm, this brings the average monthly expenditure of Nigerian households on direct electricity supply to about N3,397, while average expenditure on alternative sources stands at N9 529 monthly.
“Moreover, in the use of alternative sources, other minor costs such as cost of repair, maintenance and replacement of parts may be considered,” the agency stated.
More findings revealed that there has been a steady increase in the average monthly expenditure of households on alternative sources of power from Q4 (fourth quarter) 2014 to Q2, 2015.
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This steady increase could be a direct effect of severe power shortage experienced within this period, especially in Q2, 2015. Moreover, findings from previous NOIPolls power tracking report revealed that Q2, 2015 witnessed the worst power supply, as only an average of 27 percent of Nigerians saw an improvement in power supply in their area.
In view of these findings, NOIPolls said, the dependence of Nigerian households on alternative sources of electricity adds to the financial burden of running household activities or remaining functional as a business.
“This in turn creates a ripple effect, bringing about skyrocketing prices of goods and services, and general high cost of living, thereby causing untold hardship for more than half of the entire population of Nigeria.
Sadly this situation will continue to linger for as long as power supply shortage exists in Nigeria,” the agency said.
The opinion poll was conducted from Q2 2014 to Q2 2015. It involved telephone interviews of a random nationwide sample. A total of 15 000 phone-owning Nigerians aged 18 years and above, representing the six geopolitical zones in the country, were interviewed.
- CAJ News