Senate orders NERC to suspend electricity tariff hike
Nigeria's senate president, Bukola Saraki has revealed that the senate has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend increase of electricity tariff.
The senate president in a post on social media said the move became necessary because an increase in cost without improvement in service delivered is unacceptable.
“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,” Saraki said.
“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.”
With this development, Nigerians can heave a sigh of relieve as they joined the organized private sector to register their displeasure over the policy pen-ultimate last week.