The Senate and House of Representatives have ordered the Nigerian Electricity Regulatory Commission (NERC) to reject planned electricity tariff hike and immediately halt arbitrary billing of electricity consumers by Distribution Companies (DISCOs).
At separate plenary, yesterday, both legislative chambers also asked the President Bola Tinubu-led administration to take into consideration plight of Nigerian citizens with regards to the prevailing economic situation, affordability and need for improved service delivery while looking at the rate review applications filed by DISCOs.
In the Senate, the resolutions were passed following a motion by Akintunde Yunus in which he noted that DISCOs had requested for a price review through an application sent to NERC.
The 11 DISCOs had in their application explained that the need to review the price of electricity was based on the need to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies.
The lawmaker informed the Senate that NERC had organised an ongoing “Rate Case Hearing” to receive comments from stakeholders before taking its decision over the matter as published on the NERC’s official website
