National Assembly Orders DISCOs To Differ Hike In Electricity Tariffs

By Franca Joseph (AGENDAWATCHDOG) – Power Distribution Companies (DISCOs) in Nigeria have been asked to defer the planned hike in electricity tariffs scheduled to take effect from July 1, 2020,  by the National Assembly, according to a statement  by the Special Adviser to the Senate President on Media, Ola Awoniyi.

According to Awoniyi, the lawmakers held a meeting with the Chief Executives of the Nigerian Electricity Regulatory Commission (NERC) during which the DISCOs were persuaded to suspend the planned hike of electricity tariffs until the first quarter of 2021.

Speaking further, Awoniyi pointed out that while the National Assembly leaders laid emphasis on the demerits of hiking electricity rates amid the COVID-19 crisis, the DISCOs admitted that they were not really ready to effect the plan.

Present at the interface, according to the statement, were the Senate President, Ahmad Lawan, Speaker of the House of Representatives, Femi Gbajabiamila, and some principal officers and chairmen of the Committees on Power of the two chambers of the National Assembly.

Agenda Watchdog

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