Skip to content
July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Reps urge NERC to suspend hike in electricity tariff
  • National News

Reps urge NERC to suspend hike in electricity tariff

Admin April 30, 2024
House of Representatives

House of Representatives

April 30, 2024

The House of Representatives has urged the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.

The call was sequel to the adoption of a motion by Rep. Nkemkanma Kama (LP-Ebonyi) at plenary on Tuesday.

It would be recalled that NERC had one April 3, approved an increase in electricity tariff for customers who enjoyed 20 hours of electricity daily classified as Band A users.

Moving the motion, Kama said that the aim was to restore public trust, protect consumer rights, and ensure regulatory accountability in the Nigerian Electricity Supply Industry (NESI).

He said that facts presented showed that the approval granted by NERC resulted in a staggering 300 per cent rise for certain consumers.

“What is more concerning are the reports indicating discrepancies in customer categorisation and widespread complaints regarding inadequate service despite increased charges.

“This situation has not just sparked national anxiety, but it also threatens regulatory certainty and investor confidence in the sector, demanding immediate attention.

“This motion argues for legislative intervention, underlining our constitutional and moral obligations to address the crisis and alleviate the burden on Nigerian citizens.

“It places a strong emphasis on the legislative oversight role over NERC and the electricity utilities, stressing the need for fair and just pricing and consultation with stakeholders in tariff determination processes.

“This is not just a responsibility, but a duty we owe to our constituents,” he said.

The lawmaker alleged failure of due process in approving the tariff increase which raised concerns over discriminatory practices, and disputed nature of government subsidies to Electricity Distribution Companies (DISCOs).

Sequel to the adoption of the motion, the house ordered the Nigerian electricity regulatory commission (NERC) to suspend the operation of the recently announced tariff increases and other conditions in the newly issues review of the MYTO.

The house resolved to set up a special committee made up of the Committees on Power, Commerce and National Planning to convene a public hearing on price regulation.

The lawmaker resolved to appoint well-regarded former regulator as technical consultant to the house to develop templates for determination of the legality, reasonableness of the procedure adopted by NERC in approving the tariff increase and establishing the performance benchmarks for the Discos.

In his ruling, the Speaker of the house, Rep. Tajudeen Abbas said that the relevant committees should ensure compliance. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: MYTO NERC NESI Rep. Nkemkanma Kama Rep. Tajudeen Abbas

Post navigation

Previous EFCC denies shooting at pro-Yahaya Bello protesters
Next Petrol scarcity shuts down socio-economic activities nationwide

Related Stories

Military rescues over 40 victims, arrests over 20 terrorists in one week — DHQ Soldiers beat policemen
  • National News

Military rescues over 40 victims, arrests over 20 terrorists in one week — DHQ

July 18, 2026
APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference
  • National News

APRA re-elects Nigeria’s Ibietan, others into its Executive Council at Namibia conference

July 18, 2026
Court dismisses Bayelsa traditional ruler’s suit against SPDC FG vs ASUU
  • National News

Court dismisses Bayelsa traditional ruler’s suit against SPDC

July 17, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Burna Boy, Shakira wrap up rehearsal for World Cup final halftime show; Bieber, Madonna, others on the card
  • Sports

Burna Boy, Shakira wrap up rehearsal for World Cup final halftime show; Bieber, Madonna, others on the card

July 18, 2026
FIFA president Infantino calls 2026 World Cup ‘best ever’, Trump agrees
  • Sports

FIFA president Infantino calls 2026 World Cup ‘best ever’, Trump agrees

July 18, 2026
Military rescues over 40 victims, arrests over 20 terrorists in one week — DHQ Soldiers beat policemen
  • National News

Military rescues over 40 victims, arrests over 20 terrorists in one week — DHQ

July 18, 2026
Before we dismember NYSC, by Monday Philips Ekpe
  • Commentaries

Before we dismember NYSC, by Monday Philips Ekpe

July 18, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.