Nigeria: National Assembly Stops Electricity Tariff Hike

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Nigeria: National Assembly Stops Electricity Tariff Hike

The leadership of the National Assembly on Monday convinced the Electricity Distribution Companies to defer the planned hike in electricity tariff til

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The leadership of the National Assembly on Monday convinced the Electricity Distribution Companies to defer the planned hike in electricity tariff till the first quarter of 2021.

The Senate President, Ahmad Lawan made this known in a statement on behalf of the leadership in Abuja.

The statement by Mr. Ola Awoniyi, Special Adviser on Media to Lawan said the lawmakers waded into the controversy due to the planned hike in electricity tariffs from July 1.

Lawan said that Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila and other principal officers of the two Chambers met with the Chief Executives of the government electricity regulatory body and DISCOs across the country.

Lawan said that government had been doing a lot as part of its obligations to provide some form of intervention.

Similarly, Gbajabiamila said that NASS was on the same page with the DISCOs on the issue of cost reflective tariffs.

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