Reps Stop NERC’s Planned Electricity Tariff Hike

PIC.34. MEMBERS OF HOUSE OF REPRESENTATIVES AT A SPECIAL SITTING TO MARK END OF THE 2ND YEAR 

OF THE 7TH ASSEMBLY IN ABUJA ON THURSDAY (6/6/13).

The House of Representatives has halted the planned increase in electricity tariff by the Nigeria Electricity Regulatory Commission, (NERC) pending the completion of its committee’s investigation of some stakeholders in the sector, The Nation reports.

In a December 15 letter addressed to NERC, the Hon. Babajimi Benson headed House Ad-hoc Committee investigating the activities of Electricity Distribution Companies (DisCos) told NERC to abide by the directives in a previous letter it wrote urging it to suspend the review of electricity tariffs in the country.

Sources

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