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December 22, 2024Senate calls for suspension of proposed electricity tariff hike
Senate calls for suspension of proposed electricity tariff hike
The Senate has called on the Federal Government to suspend the proposed increase in electricity tariffs by the Electricity Distribution Companies, Disco.
The lawmakers also urged the Nigerian electricity regulatory commission to decentralize the proposed scheduled stakeholders meeting to the six Geo political Zones.
These resolutions were taken after the lawmakers deliberated on a motion sponsored by Senator Yunus Akintunde Representing Oyo Central.
In a lead debate Senator Akintunde explained that huge sums of money were spent by Senators across the country in the procurement and installation of transformers , through their Zonal intervention Projects, which are yet to be energized by the Disco.
Senator Akintunde expressed concerns that there was no remarkable improvement in service delivery by the electricity distribution companies despite an increase in tariff earlier.
The motion enjoyed unanimous support of the Senate.
The lawmakers further urged the Discos to discontinue estimated billing and make prepaid meters available at affordable prices.
Additionally, the Nigerian Electricity Regulatory Commission was encouraged to investigate alternate means to alleviate the Discos’ financial issues, as well as to investigate the Discos’ review application in light of the citizens’ interests.