House Of Reps Request Suspension Of New Electricity Tariff Implementation

Date: 30-04-2024 3:12 pm (2 weeks ago) | Author: onuigbo felicia
- at 30-04-2024 03:12 PM (2 weeks ago)
Online (f)

The House of Representatives has urged the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.

Workers stated that government should encourage the building of modular refineries by the private so that periodic fuel scarcity in the country could be a thing of the past
Local Repair PH, Warri refineries - Workers voice expectations ahead of May Day

The call was a sequel to the adoption of a motion by Rep. Nkemkanma Kama (LP-Ebonyi) at plenary on Tuesday. It would be recalled that NERC had on April 3, approved an increase in electricity tariff for customers who enjoyed 20 hours of electricity daily classified as Band A users.

Moving the motion, Kama said that the aim was to restore public trust, protect consumer rights, and ensure regulatory accountability in the Nigerian Electricity Supply Industry (NESI). He said that the facts presented showed that the approval granted by NERC resulted in a staggering 300% rise for certain consumers.

Quote
“What is more concerning are the reports indicating discrepancies in customer categorisation and widespread complaints regarding inadequate service despite increased charges.

“This situation has not just sparked national anxiety, but it also threatens regulatory certainty and investor confidence in the sector, demanding immediate attention.

“This motion argues for legislative intervention, underlining our constitutional and moral obligations to address the crisis and alleviate the burden on Nigerian citizens.

“It places a strong emphasis on the legislative oversight role over NERC and the electricity utilities, stressing the need for fair and just pricing and consultation with stakeholders in tariff determination processes.

“This is not just a responsibility, but a duty we owe to our constituents,”
he said.

The lawmaker alleged a failure of due process in approving the tariff increase which raised concerns over discriminatory practices and disputed nature of government subsidies to Electricity Distribution Companies (DISCOs).

Sequel to the adoption of the motion, the house ordered the Nigerian Electricity Regulatory Commission (NERC) to suspend the operation of the recently announced tariff increases and other conditions in the newly issued review of the MYTO.

The house resolved to set up a special committee made up of the Committees on Power, Commerce and National Planning to convene a public hearing on price regulation.

The lawmaker resolved to appoint a well-regarded former regulator as a technical consultant to the house to develop templates for the determination of the legality and reasonableness of the procedure adopted by NERC in approving the tariff increase and establishing the performance benchmarks for the Discos.

In his ruling, the Speaker of the House, Rep. Tajudeen Abbas said that the relevant committees should ensure compliance.

Posted: at 30-04-2024 03:12 PM (2 weeks ago) | Addicted Hero
- fineboy77 at 30-04-2024 04:01 PM (2 weeks ago)
(m)
ok

Posted: at 30-04-2024 04:01 PM (2 weeks ago) | Addicted Hero
Reply
- kp45 at 30-04-2024 04:34 PM (2 weeks ago)
Online (m)
Ok
Posted: at 30-04-2024 04:34 PM (2 weeks ago) | Addicted Hero
Reply
- gogoman at 30-04-2024 07:48 PM (2 weeks ago)
(m)
liar  Roll Eyes Roll Eyes Roll Eyes
Posted: at 30-04-2024 07:48 PM (2 weeks ago) | Grande Master
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. Controversial YouTuber Emdee Tiamiyu Reportedly Deported to Nigeria By UK Government

  2. VIDEO: Actor Zubby Michael Gives Wads of Cash to Late Junior Pope’s Family, Netizens React

  3. Sad Story of 16yr Old Favour, Whose Mother Killed Her Newly Born Baby in Ajah Lagos (VIDEO)

  4. Liquorose And I Are Married - BBNaija's Saga Finally Breaks Silence On Their Relationship (VID)

  5. Liam Has Bow Leg, We Don't Have Bow Legs in Our Family - Mohbad's Dad to Wife, Wunmi

  6. Labour to Hold Talks With Federal Govt Today Over New Minimum Wage

  7. Pro-Yahaya Bello Groups Stage Protest In London, Urge Tinubu To Ensure Rule Of Law

  8. VIDEO: Actress Motilola Akinlami Calls Out Colleague, Kunle Afod

  9. Imo Women Protest Against Alleged Police Brutality

  10. Adorable Photos Of Actress, Bukunmi Oluwasina’s Daughter, Avia

  11. Troops Neutralise 7 Insurgents, Recover Weapons, Motorcycles In Kaduna

  12. Nollywood Actress, Bimbo Afolayan Pens Lovely Note To Mum On Her Birthday

  13. 'Islamically, It's The Duty Of A Man To Provide A Servant To Do Chores For His Wife' -Muslim Wo

  14. Three Men Arraigned For Assaulting Psychiatric Doctor In Ogun

  15. Terrorists Kill Six Persons, Injure Others, Loot Valuables In Kaduna Community


THIS WEEK
  1. Atiku Abubakar Signals Support For Peter Obi's Potential Presidential Bid In 2027

  2. South African Forex Trader AkA Grootman Allegedly Leaks His Ex-fiancée's S3x Tape

  3. Peter Obi Pays Heartfelt Condolence Visit To Family Of Late Actor Junior Pope (Photos)

  4. Nigerians React to Wizkid’s New Look

  5. Truck-BRT Collision Causes Chaos At Ibafo Bus-Stop Along The Lagos-Ibadan Expressway

  6. Tension In Abuja Market As Traders Beat Two Soldiers Mercilessly Over Mobile Phone (Video)

  7. UN Hails Nigeria's Strides Under Tinubu Administration; Stakeholders Laud Renewed Hope Agenda

  8. The Only Chance Peter Obi Has To Be President is In 2039, When He's 79 years Old – Daniel Bwala

  9. Hilda Baci Shows Off Her Boyfriend (Photos)

  10. Emeka Ike's Children With Ex Wife Have Reportedly Dropped Out of School & Doing Menial Jobs


TOP MEMBERS: