Categories: News

House Of Reps Directs NERC To Suspend Electricity Tariff Increase

The Nigeria Electricity Regulatory Commission (NERC) has been directed by the House of Representatives to suspend the announced tariff hike affecting Band A customers pending an investigation by the House.

It was learnt that the resolution was approved by the lower legislative chamber during its plenary session on Tuesday, subsequent to the enactment of a motion addressing pressing public concerns.

The proposal was put forth by Nkemkanma Kama, a legislator representing the Labour Party (LP) from Enonyi state.

Osun Defender recalls that the Minister of Power, Adebayo Adelabu, had warned that there would be a total blackout in Nigeria in the next three months if the proposed electricity tariff hike is not implemented.

READ: Accept Tariff Hike Or Face Total Blackout, FG Tells Nigerians

He disclosed this yesterday in Abuja when he appeared before the Senate Committee on Power at an investigative hearing over the recent electricity tariff hike by NERC.

This is after the Senate committee, led by Senator Enyinnaya Abaribe, rejected the new tariff regime.

Adelabu warned that the entire sector would be grounded if the Commission fails to increase the tariff.

According to him, “The entire sector will be grounded if we don’t increase the tariff. With what we have now in the next three months, the entire country will be in darkness if we don’t increase tariffs.

“The increment will catapult us to the next level. We are also Nigerians, we are also feeling the impact.”

He said $10 billion a year for the next ten years is needed to revive the nation’s power sector and nip in the bud the challenges bedevilling it.

Recent Posts

Harsh Economy: Nigerians React As President Tinubu Spotted With Over 60-Vehicle Convoy In Lagos

In a video making waves on social media platforms, Nigerians have reacted with mixed feelings…

3 hours ago

Man Arrested For Insulting President Tinubu, Sanwo-Olu, IGP

A popular Nigerian TikToker identified simply as Seaking has been arrested by operatives of the…

9 hours ago

The Longest Prison Sentences Ever Served

Throughout history, some individuals have endured extraordinarily long prison sentences, with their stories reflecting the…

10 hours ago

Families Call For Help As DSS Arrests Lovers In Osun Community

There is growing tension in Modakeke, Osun State, following the alleged arrest of two lovers,…

14 hours ago

Ibadan Stampede: I Regret Not Heeding Spiritual Warning – Woman Who Lost Two Kids

A victim of the stampede that occurred in Ibadan, Oyo State capital, which has claimed…

14 hours ago

Trending Stories In Osun Today

The vibrant Osun State is no stranger to captivating events and headlines that draw attention…

14 hours ago

This website uses cookies.