Price Hike Rejected: House of Representatives Stands Firm on Electricity Tariffs

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The House of Representatives has taken a decisive stand against the National Electricity Regulatory Commission (NERC) by firmly rejecting the proposed increase in electricity tariffs.

This resolution was reached following a motion presented by Honourable Aliyu Madaki, who strongly expressed disapproval of the price hike, particularly in light of the recent increase in petrol prices, which has already burdened many Nigerians.

Honourable Aliyu Madaki emphasized the inappropriateness and insensitivity of implementing such a significant tariff increase when citizens are still grappling with the repercussions of the petrol price surge.

In response to the motion, the House has mandated its power committee, once formed, to engage in discussions with NERC. The primary objective is to seek a mutual understanding and find a middle ground to address the proposed tariff hike, taking into consideration the current economic challenges faced by the populace.

The lawmakers reiterate their unwavering commitment to safeguarding the interests of Nigerians and ensuring that decisions made by regulatory bodies are in alignment with the welfare of the citizens.

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