The House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) and the electricity distribution companies (DISCOs) to reverse the recent tariff increase for Band A customers.
Naija News reports that this decision was made on Tuesday following the adoption of a report submitted by the House Committee on Power.
NERC had previously announced a tariff increase for Band A customers, raising the rate to N225 per kilowatt.
The House has also decided to investigate the tariff hike further.
Presenting the report, Victor Nwokolo, the Chairman of the Committee on Power, stated that the new tariff is unaffordable for many Nigerians.
The Committee recommended returning to the previous tariff rates.
The recommendations were approved by the Committee of the Whole and subsequently passed.
NERC Issues Warning To DisCos, Threatens Sanctions For Poor Electricity Supply
Meanwhile, the Nigerian Electricity Regulatory Commission (NERC) has warned distribution companies (DisCos) against poor power distribution.
In its directive on monitoring performance for all DisCos, the regulatory authority said failure to secure at least 95 per cent of the allocated monthly energy for distribution will result in penalties.
Naija News reports that the regulatory authority has introduced measures to penalize utility companies that violate rules that could harm electricity consumers in any way.
NERC announced that it would cut out five per cent of the administrative and operational spending of any DisCo that needs to secure at least 95 per cent of the allocated energy for distribution each month but failed to do so.
This directive stressed that not securing at least 95 per cent of the available energy for distribution in a month will result in corrective action, such as reducing DisCos’ guaranteed administrative and operational spending by 5 per cent for the upcoming quarter.
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