Breaking: Reps orders suspension of Electricity Tariff hike 

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electricity tariff

Through its Power Committee, the House of Representatives has ordered the Nigeria Electricity Regulatory Commission (NERC) to suspend the proposed increase in electricity tariff.

NERC had earlier announced there will be increment in electricity tariff from April this year.

However, the committee chaired by Aliyu Magaji today during a meeting with NERC and other stakeholders announced they should suspend the plan.

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“it would be criminal for Discos to continue to bill consumers if the estimated prohibition bill before the executive is not signed.”

Reacting to the statement by the chairman of the committee, the General Manager of NERC, Sharffudeen Mahmoud told the House of Representatives committee that, “50% of Nigerians already have billing meters.”

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But the Chairman asked the representatives of the Minister to send memo to all concerned agencies to ensure compliance.

“There are so many unresolved questions. We have to do it logically to ensure that at least, all of us know the feedback from Nigerians.

“On behalf of this committee, I will liaise with the senate committee. Put this on hold until proper consultations are achieved. The committee is directing you to halt this process until the honourable speaker finishes his consultation.”

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Speaking on the recent directive by President, Muhammadu Buhari transferring the Nigerian Bulk Electricity Trading Company Limited (NBET)
From the Ministry of Power to the Ministry of Finance, Magaji said the ministry will remain in Ministry of Power, that it is a matter of law.

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Magaji countered the directive by the president, “We are talking of the law; I’m sure somebody must have misled somebody somewhere. This law (putting NBET under the ministry of power) is yet to be repealed or reviewed.”

“So, NBET still remains in the ministry of power as far as this parliament is concerned, unless we change the law.”

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