The Nigerian Electricity Regulatory Commission (NERC) has been accused of unilaterally fixing salaries and allowances of its Board and staff members without recourse to the National Salaries, Incomes and Wages Commission (NSIWC) as required by relevant laws.
Also, it was revealed that NERC Board and staff members enjoy allowances for diesel and generator sets for use in their houses, which raises a moral question.
The revelations came to the fore during the first day of an investigative public hearing to probe the activities of NERC by the House of Representatives Standing Committee on Power at the National Assembly.
The three-day public hearing was sequel to the House resolution of November 4, 2015 halting the planned payment of N2.7 billion by the Board of NERC to its members following a motion moved on the floor of the House.
But chairman of NERC, Dr Sam Amadi, while making submissions before the committee, denied plan to pay N2.7 billion to seven NERC commissioners, saying it was actually N2 billion that was earmarked for a Sinking Fund, which is aimed at catering for retirement benefits of staff of the commission in future when due.
Amadi added that the decision was based on actuarial valuation by experts and advice by PenCom.