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BREAKING: Reps Orders Reversal of Electricity Tariff Hike

BREAKING: Reps Orders Reversal of Electricity Tariff Hike %Post Title

 

 

 

 

 

 

 

 

The House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) and Distribution Companies (DISCOs) to immediately reverse the recent electricity tariff hike for Band A customers.

This directive was given on Tuesday after the adoption of a report by the House Committee on Power.

The report recommended a return to the old tariff, citing the inability of Nigerians to afford the new rate.

The NERC had announced a tariff hike, which would have seen Band A customers pay N225 per kilowatt.

However, the House of Representatives has now resolved to probe the tariff hike pending an investigation.

Presenting the report, Chairman of the Committee on Power, Victor Nwokolo, stated that the new tariff is unaffordable for Nigerians. The Committee’s recommendations were adopted by the Committee of the Whole and subsequently passed.

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