Electricity tariff: Speaker Abbas to sponsor bill for compulsory NASS, stakeholders consultation

Written by admin

Apr 30, 2024

April 30, 2024

The Speaker of the House of Representatives, Hon. Abbas Tajudeen, has announced plans by him to propose a law that would make it mandatory for the relevant Federal Government bodies to consult the National Assembly and other stakeholders before fixing Electricity tariff.
“Accordingly, I will sponsor a bill to provide administrative procedures that entrench proper consultation and legislative review of process for tariff setting in Nigeria’s electricity and other public services,” he said while declaring open a power sector stakeholders interactive dialogue/workshop organised by the House Committee on Power.
The event was themed: ‘Confronting Nigeria’s Power Challenge as the Nation Migrates to a Multi-Tier Electricity Market: A Legislative Intervention.’
The intervention by the Speaker is coming at a time when Nigerians are criticising the recent electricity tariff increment.
The Nigerian Electricity Regulatory Commission had earlier in April approved an increase in electricity tariff for customers under the Band A classification, with the customers paying N225 kilowatt per hour, up from N66.
Band A customers are those who enjoy not less than 20 hours of electricity supply daily. They represent 15 per cent of the 12 million electricity customers in the country.
The Speaker said he would have expected that the forum and extensive consultations would have preceded the implementation of the new multi-tier electricity system.

Culled from Naijablitznews

 

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