National Assembly Halts Planned Hike In Electricity Tariff – SaharaReporters.com

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The management of the Nationwide Assembly in Nigeria has waded into the controversy on the planned hike in electrical energy tariff from July 1, 2020 and succeeded in convincing the Distribution Corporations to defer the belief till the most important quarter of 2021.President of the Senate, Ahmad Lawan, Speaker of the Dwelling of Representatives, Rt. Hon. Femi Gbajabiamila, and different foremost officers of the Nationwide Assembly with the manager executives of the executive electrical energy regulatory body and DisCos throughout the country.
Also in attendance were Chairmen of the Committees on Vitality from the Senate and Dwelling of Representatives. 

Constant with a assertion by the Special Adviser (Media) to the Senate President, Ola Awoniyi, the Nationwide Assembly leaders were emphatic at the assembly that the timing of the planned hike was as soon as vulgar even supposing there was as soon as the necessity to introduce a fee reflective tariff for the energy sector to entice the significant-wanted funding.
The assertion reads, “Throughout the assembly, the DISCOs too admitted that they were no longer wisely prepared for the planned hike in tariff even supposing they so significant desired the map better.
“The assembly agreed to defer the planned hike till first quarter of subsequent yr whereas the management of the Nationwide Assembly promised to meet with President Muhammadu Buhari on the topic.
“The agreement is that there would possibly possibly be no longer any longer going to be any map better in the tariff on July 1.”

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