No More Hike In Electricity Tariffs Until 2021, Says Lawan

A file photo of the Senate President, Ahmad Lawan, during plenary at the upper chamber of the National Assembly in Abuja.The leadership of the National Assembly has convinced the Distribution Companies in the country to defer the hike in electricity tariffs scheduled to take effect from July 1, 2020.

The Senate President, Ahmad Lawan, and the Speaker of the House of Representatives, Femi Gbajabiamila, as well as other principal officers and chairmen of the Committees on Power of the two chambers, attended the meeting. “The agreement here is that there is not going to be any increase in the tariffs on July 1st,” Lawan was quoted as saying at the end of the meeting.

The Senate President stated that the Federal Government has been doing a lot as part of its obligations to provide some form of intervention. “One way or the other, for this business to flourish, for this sector to be appropriately fixed, for it to attract investment; something has to give way, there is no doubt about that but it is also crucial that we look at the timing for any of our actions,” the lawmaker pleaded.In his remarks, Gbajabiamila said the National Assembly was on the same page with the DISCOs on the issue of cost-reflective tariffs.

He asked the DISCOs and NERC how they arrived at the tariffs, the role of the National Assembly, and if the President was aware of their decision.

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