Tuesday, 16 February 2016

Nigerian Electricity Regulatory Commission (NERC) orders to suspend tariff hike by Senate



 In a Facebook post, the Senate President Bukola Saraki said:
“Today the 8th Senate directed the Nigerian Electricity Regulatory Commission (NERC) to immediately suspend the February 1st, 2016 tariff hikes, which are estimated to be upwards of 40 per cent.

This move is necessary because any increase in cost, without the necessary improvement in service delivery by the power companies is unacceptable.
Furthermore, the power distribution companies must work to ensure that every establishment in Nigeria is provided with capabilities for metered billing, which estimates the power consumption of Nigerians in the generation of their monthly bills”.

According to him, this was part of the senate's resolution during their plenary today February 16th, 2016.


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