Reps Directs NERC To Halt Tariff Increase

256

The House of Representatives has directed the Nigerian Electricity Regulatory Commission (NERC) to suspend any planned hike in electricity tariff pending investigations into the activities of power distribution companies (DISCOS) regarding infrastructure and billing.

The Adhoc Committee in charged of the investigation has summoned officials of the Bureau of Public Enterprise (BPE), to provide details of the commercial terms of the sold DISCOs. Officials of NERC are also to appear before the committee.

Officials of the DISCOs would brief the committee on their plans on recovery of investment, details of consumer indebtedness, outstanding credits due to consumers, problems and prospects in the industry, and any other information they deem relevant to assist the committee in its assignment.

Culled from: http://nairametrics.com/reps-directs-nerc-to-halt-tariff-increase/

LEAVE A REPLY

Please enter your comment!
Please enter your name here