The Nigeria House of Representatives has instructed the Nigeria Electricity Regulatory Commission (NERC) and Distribution Companies (DISCOs) to immediately reverse the recent electricity tariff increase for Band A customers.
This call was made on Tuesday following the approval of a report by the House Committee on Power. The report suggested going back to the old tariff, stating that Nigerians cannot afford the new rate.
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Recalled that the NERC had previously announced a tariff hike, which would have required Band A customers to pay N225 per kilowatt.
However, the House of Representatives has now resolved to launch an investigation into the tariff hike.
Victor Nwokolo, the Chairman of the Committee on Power, presented the report and emphasized that the new tariff is too expensive for Nigerians.
The Committee’s recommendations were approved by the entire committee and subsequently ratified.