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Reps panel directs NERC to suspend electricity tariff increase
Electricity Distribution power plant (NAN)
The House of Representatives Committee on Power, on Tuesday, January 14, 2020 asked the Nigerian Electricity Regulatory Commission (NERC) to suspend the planned increase in electricity tariff.
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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 which criminalises estimated billing.
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Recall that NERC had directed the electricity distribution companies (DisCos) to enforce an upward review of the tariff starting from April 1.
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.
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