The Speaker of the House of Representatives, Femi Gbajabiamila, has rejected the proposed increment of electricity tariff in the country. His reaction came one week after it was reported that the Nigerian Electricity Regulatory Commission (NERC) approved the immediate review of electricity tariffs across the country.
In a series of tweets on Friday, Gbajabiamila believes the right time to increase electricity rates is when the proposed amendment to the act criminalising estimated billing is signed into law. He promised to meet with the Attorney General of the Federation and the Minister of Justice, as well as other stakeholders to ensure the proposed increase was made on a practical basis.
The Speaker said, “There is no guarantee that after any electricity tariff hike the DISCOs will not continue with the nefarious practice of bills estimation or provide uninterrupted power supply. “I believe the National Assembly should ensure that any increase in electricity tariff if at all, should be cost-reflective and not just a whimsical increase with no empirical basis.” “Also, any such increase should only be made after the proposed amendment to the law criminalising estimated billing is signed into law.
“I intend to meet and discuss this sequence and other conditions with the Attorney General of the Federation and other relevant authorities,” he added.