Reps halt proposed hike of electricity tariff tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.
Vanguard News
Reps tell NERC to suspend new electricity tariff
On
By Tordue Salem
The House of Representatives has called on the Nigerian Electricity Regulatory Commission (NERC), to suspend the proposed Increase in electricity tariff in the country.
Rep. Aniekan Umanah in a motion Thursday, recalled “that the Electric Power Sector Act of 2005 established the Nigerian Electricity Regulatory Commission with a mandate to license Distribution Companies (DISCOs), determine operating codes and standards, establish customer rights and obligations and set cost-reflective industry tariff;
He also recalled that the Act prescribed its funding from 15% of electricity charges paid by customers to Distribution Companies; Aware that NERC, working with Distribution Companies, has increased electricity tariffs five times since 2015, the latest being on 1 January 2021”.
Vanguard News
Reps urge NERC to rescind decision on June tariff hike
On
Kindly Share This Story:
The House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to rescind its decision to further increase the electricity tariff in June.
The call was sequel to a unanimous adoption of a motion by Rep. Aniekan Umanah (PDP-Akwa Ibom) at plenary on Thursday.
Moving the motion, Umanah said that it was important to suspend the planned increase in view of the current harsh economic situation in Nigeria.
He said that NERC was established by the Electric Power Sector Act of 2005, with a mandate to license Distribution Companies (DISCOs).
Reps urge NERC to suspend June tariff hike
The lawmakers say NERC should suspend the planned increase slated for June in view of the current harsh economic situation in Nigeria.
The
House of Representatives has urged the Nigerian Electricity Regulatory Commission (NERC) to rescind its decision to further increase electricity tariff in June.
The call was a sequel to a unanimous adoption of a motion by Aniekan Umanah (PDP-Akwa Ibom) at plenary on Thursday.
Moving the motion, Mr Umanah said it was important to suspend the planned increase in view of the current harsh economic situation in Nigeria.
He said NERC was established by the Electric Power Sector Act of 2005, with a mandate to license Distribution Companies (DISCOs).
The House of Representatives has called on the Federal Government to stop the proposed increase of electricity tariff for June.
This formed part of the resolutions by the lawmakers during Thursday’s plenary in the lower chamber of the National Assembly in Abuja, the nation’s capital.
They stressed that it was important to direct the Nigerian Electricity Regulatory Commission (NERC) to rescind its decision on the proposed increment in view of the hard times Nigerians were going through.
Similarly, the lawmakers mandated the House Committees on Power, Poverty Alleviation, as well as Labour, Employment and Productivity to ensure compliance with the directive.