UPDATED: Reps ask NERC to suspend electricity tariff hike, to launch investigation

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Last week, the House Committee on Power held a summit on the electricity sector. At the event, the Minister of Power, Bayo Adelabu, powers investors and different regulators spoke on some of the issues bedevilling the sector.At Premium Times, we firmly believe in the importance of high-quality journalism. Recognizing that not everyone can afford costly news subscriptions, we are dedicated to delivering meticulously researched, fact-checked news that remains freely accessible to all.

Would you consider supporting us with a modest contribution on a monthly basis to help maintain our commitment to free, accessible news?It is not clear why the lawmakers decided to summon the minister and others when the committee could have been asked to submit a report to the House. “This situation has not just sparked national anxiety, but it also threatens regulatory certainty and investor confidence in the sector, demanding immediate attention,” the lawmaker told his colleagues.He, therefore, prayed that a special committee, comprising the Committees on Power, Commerce and National Planning should convene a public hearing on price regulation.

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Reps order NERC to suspend operation of tariff increaseThe Nation Newspaper Reps order NERC to suspend operation of tariff increase
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Just in: Reps order NERC to halt implementation of new electricity tariffReps on Tuesday directed the Nigeria Electricity Regulatory Commission (NERC) to halt the rollout of the new electricity tariff.
Source: vanguardngrnews - 🏆 5. / 75 Read more »

Suspend Implementation Of New Tariff, Reps Tell NERCThe House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new incremental tariff on Band A customers.
Source: channelstv - 🏆 7. / 63 Read more »

Reps asks NERC to suspend implementation of new electricity tariffThe house of representatives has asked the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.
Source: thecableng - 🏆 2. / 80 Read more »

JUST IN: Reps ask NERC to suspend electricity tariff hike, to launch investigationNERC had earlier this month announced increment in the electricity tariff for Band A consumers.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

NERC Vice President Explains Increase in Electricity Tariff for Band A CustomersThe vice president of the Nigeria Electricity Regulatory Commission (NERC), Musiliu Oseni, has explained the reasons behind the increase in electricity tariff for Band A customers. The increase, which was announced by NERC earlier on Wednesday, will see customers pay ₦225 kilowatts per hour, up from the current ₦66.
Source: channelstv - 🏆 7. / 63 Read more »