Reps Panel Directs NERC To Suspend Increase In Electricity Tariff

Reps Panel Directs NERC To Suspend Increase In Electricity Tariff

The House of Representatives Committee on Power has asked the Nigerian Electricity Regulatory Commission to suspend the planned increase in electricity tariff.

The committee Chairman, Aliyu Magaji, gave the directive during a meeting with the Minister of Power and the NERC on the rationale behind the increase when the house had already passed a bill that criminalizes estimated billing.

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NERC had earlier announced that the increase would take effect from the 1st of April.

Meanwhile, the House committee also condemned President Muhammadu Buhari’s directive to transfer the Nigerian Bulk Electricity Trading Company Limited from the Ministry of Power to the Ministry of Finance.

Details later…

 


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