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Reps Reject Proposed Electricity Tariff Hike

by Present Nigeria
July 20, 2023
in News
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Electoral Act: House Passes Bill, Retain Clause 52
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The House of Representatives has rejected the proposed increase in electricity tariff by the National Electricity Regulatory Commission (NERC)

This resolution was reached following a motion presented by Honourable Aliyu Madaki, who expressed strong disapproval of the price hike, especially considering the recent increase in petrol prices that has already burdened many Nigerians.

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Honourable Aliyu Madaki emphasized that it is inappropriate and insensitive to introduce such a significant tariff increase at a time when citizens are still grappling with the impact of the petrol price surge.

In response to the motion, the House has mandated its committee on power, once constituted, to engage in discussions with NERC.

The aim is to seek a mutual understanding and find a middle ground to address the proposed tariff hike, considering the current economic challenges faced by the populace.

The lawmakers say the House remains committed to safeguarding the interests of Nigerians and ensuring that decisions made by regulatory bodies are in line with the welfare of the citizens.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

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