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Reps Suspends Increase In Electricity Tariff

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The House of Representatives has suspended the implementation of the increase in electricity tariff by the Nigerian Electricity Regulatory Commission (NERC), News About Nigeria reports.

The House gave this order on Tuesday, through a special committee made up of the Committees on Power, Commerce, Delegated Legislation, and National Planning.

The Committees were set up to organise a well-structured hearing on the price regulation of the Nigerian Electricity Supply Industry (NESI).

The House also suspended other conditions in the newly issued review of the Multi-Year Tariff Order.

It resolved to authorise the consultant to work with the special committee to draft a bill to provide for administrative procedures that involves proper consultation and legislative review of process for tariff setting in the electricity and other public services in Nigeria.

The resolutions of the House came after a motion of urgent importance moved by Hon Nkemkanma Kama, was adopted.

Kama noted that the motion on the increase in electricity tariff is aimed at addressing issues surrounding the sudden hike in electricity prices in Nigeria.

“It highlights concerns over due process, fairness, and the impact on consumers. The motion aims to restore public trust, protect consumer rights, and ensure regulatory accountability in the Nigerian Electricity Supply Industry (NESI).

“The facts presented include the alarming tariff increase announced by the Nigerian Electricity Regulatory Commission (NERC) on April 1, 2023, resulting in a staggering 300% rise for certain consumers,” he stated.

Recall that the Senate had earlier on stated that it will carry out an investigation into the Ministry Of Power, National Electricity Regulatory Commission (NERC), and ZIGLAKS Company, over their failure to provide electricity meters for Nigerians.

 

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