News

Senate Orders Suspension on Increased Electricity Tariffs

By  | 

Electricity Tariffs,Saraki Threatens Lawsuit, no Ministerial Screening,Second Batch of Ministerial Nominees,Nigerian Senate to Stream Ministerial Nominees,Bukola Saraki Receives #TheList,Majority of Senators Rally Behind Saraki,saraki releases statement ,arrest Saraki Reacts to Rumours of Dumping APC,apc writes open letter on saraki,Sen. Bukola Saraki, the Senate President issues statement ,Arrest of Sen. Bukola Saraki
Members of the 8th Senate have placed an order to the Nigerian Electricity Regulatory Commission to put an end to the increase in electricity tariff which was effected on February 1.

The estimated increase in electricity tariff which is over 40% has generated a massive wave of protest from the Nigeria Labour Congress across states in the country with workers in Lagos, Abuja and Edo state, besieging electricity distribution offices to demand for a reduction in the tariffs.

While deliberating on the issue on Tuesday, the Senate reached a decision to direct the NERC to put a hold on the increase in charges.

The senate president, Bukola Saraki revealed the position of the Senate on the matter through his Facebook page.

He wrote: “Today, the 8th Senate directed the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the February 1st, 2016 tariff hikes, which are estimated to be upwards of 40 per cent.

“This move is necessary because any increase in cost, without the necessary improvement in service delivery by the power companies is unacceptable.

“Furthermore, the power distribution companies must work to ensure that every establishment in Nigeria is provided with capabilities for metered billing. Doing this would end the sharp practice of arbitrary billing, which estimates the power consumption of Nigerians in the generation of their monthly bills.”

I live for good music & the intrigues Nigeria serves on a daily. At night, I serve on a team trying to build a Motor sports culture in Nigeria

Leave a Reply

Your email address will not be published. Required fields are marked *