to suspend the ongoing implementation of the multi-year tariff order 2024,• Adelabu: Only those not paying bills complain about new tariff• NLC, TUC threaten to shut down dams in Niger
In the 46-page report, the committee recommended that NERC should ensure full compliance with the mandatory requirement of stakeholder consultation under Section 48 of the Electricity Act, 2023 regarding future regulatory decisions, to avoid a repeat of the confusion and public outcry that trailed the recent tariff increase.
Ruling on the matter, the Deputy President of the Senate, Barau Jibrin, who presided over the plenary, said he knew about the court order, adding that he was therefore constrained. On his part, the Minister of Power, Adebayo Adelabu, said the government was working to get the DisCos solvent and effective by unbundling their operations along state boundaries. He insisted that the areas covered by the current DisCos were too large for them to deliver effective services to consumers.
The Minister again stirred the hornet’s nest when he said the hues and cries on the electricity tariff hike for Band A customers are from those who were not paying electricity bills in the past, stating that the new tariff has led to a reduction in energy cost for consumers in the band by 30 to 40 per cent.
“Manufacturers under Band A should have a lower energy cost by now, thereby, reducing their cost of production. Except those that have not been paying for electricity in the past. We can also come together to compare notes with practical examples. But how this new tariff regime will increase the cost of production is not valid because I am in that industry too.”
Aminu explained that the new tariff plan will, in essence, kill the small-scale industrial sector and wreak havoc in society, including insecurity, which is already a huge challenge across the country. “This dam belongs to the people, that is why NLC and TUC have agreed that this would be the first warning step for the authorities to do the needful, otherwise, we will go to the dam and shut it down.”Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Source: TheNationNews - 🏆 6. / 69 Read more »
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »
Power Minister, NERC Appear Before Senate Over Electricity Tariff HikeThe Latest News from Nigeria and Around the World
Source: channelstv - 🏆 7. / 63 Read more »