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Electricity tariff hike to wait as Lawan, Gbajabiamila intervene

June 30, 2020

 154     145

The 100 per cent hike in electricity tariff slated to commence Wednesday has been put on hold.

This follows the National Assembly leadership’s intervention at a meeting with the Electricity Distribution Companies (DisCos), the National Electricity Regulatory Agency (NERC) and others in the power chain, Monday night.

The DisCos announced at the weekend that the tariff  pushed forward from April 1 would go up from July 1.

They served the notice to consumers through the media that the new pay system would affect them.

But consumers, business operators, manufacturers and others protested the planned increase which they argued would negatively impact business at a critical time such as this.

But the DisCos insisted that only a “cost-reflective” tariff could guarantee their survival to keep the power sector afloat.

Monday’s meeting was presided over by Senate President Ahmad Lawan, supported by House of Representatives Speaker Femi Gbajabiamila.

They promised to take the DisCos’s request to President Muhammed Buhari and urged them to push the tariff raise till Aprill 2021.

In a statement, Special Adviser (Media) to the Senate President, Ola Awoniyi, said the National Assembly leadership was emphatic at the meeting that the timing of the  hike was wrong.

The statement added that the National Assembly leadership told the DisCos that they were not opposed to cost reflective tariff for the power sector to attract the much-needed investment.

The DisCos also admitted that they were not fully prepared for the planned tariff hike although they desired it.

The statement added that the National Assembly leaders  promised  the electricity distributors  that they would  meet with President Muhammadu Buhari on the issue.

The statement said: “The agreement here is that there is not going to be any increase in tariff on July 1.  .

“The Senate President and the Speaker are going to take appropriate action and meet with the President.

“We are in agreement here that there is no question on the justification of the increase but the time is simply not right and appropriate measures need to be put in place

“So, between now and the first quarter of next year, our task will be to work together with you to ensure that we put those blocks in place to support the eventual increase in tariffs.”

The statement quoted Lawan as saying that  the government had  been doing a lot as part of its obligation to provide some forms of Intervention.

He said: “I’m quite aware that for this year, probably starting from last year, over N600 billion was earmarked for this sector to improve.

“The potential increase in the tariff is definitely something that will be of concern to us in the National Assembly.

“There is too much stress in the lives of Nigerians today and indeed across the world because of the challenges imposed by COVID-19 pandemic and even before then, we had issues that would always make it tough for our people to effectively pay the tariff.

“One way or the other, for this business to flourish, for this sector to be appropriately fixed, for it to attract investment, something has to give way, there is no doubt about that but it is also crucial that we look at the timing for any of our actions.”

According to the statement, Gbajabiamila said the National Assembly was on the same page with the DisCos on the issue of cost reflective tariff.

Gbajabiamila added: “There is time for everything. A well-intended programme or policy of government can fall flat on the face and never recover if you do it at a wrong time.

“Whatever will affect this government is something that should concern all of us. I think this will affect this government.

“The timing. I think it will affect the Muhammadu Buhari  government and if it is going to affect his government, we should all rally around our people, our President and the government to make sure we do the right thing,

“The good thing is that we have agreed that we need to do something about the cost of electricity.”

It was gathered that the representatives of the DisCos said the government should  be ready to continue to bear the difference in the present tariff and what was considered as the appropriate tariff.



Comments

Post by John1988 on 04 July 2020, 11:14 am

okay


Post by Matthew on 04 July 2020, 09:56 am

alright...


Post by Udybliss1 on 04 July 2020, 04:47 am

They served the notice to consumers through the media that the new pay system would affect them


Post by MzGoldy on 03 July 2020, 23:52 pm

Okay


Post by odunchristi on 03 July 2020, 21:46 pm

Thanks you very much for the newsThanks you for the news updates


Post by Abdul1033 on 03 July 2020, 15:02 pm

Thanks for the information. I hope for more updates


Post by chanke on 03 July 2020, 14:32 pm

For Harolds, who started bag-making in


Post by ozo on 03 July 2020, 14:22 pm

cake you already have in hand.”


Post by Udybliss1 on 03 July 2020, 13:00 pm

The good thing is that we have agreed that we need to do something about the cost of electricity.”


Post by Iscy on 03 July 2020, 00:56 am

Alright


Post by Salay on 02 July 2020, 21:56 pm

Nice one


Post by sammygeans on 02 July 2020, 21:24 pm

Update noted


Post by chankee1 on 02 July 2020, 17:10 pm

the opportunity to implement his


Post by Hawesome1 on 02 July 2020, 11:38 am

We can't be paying for what we are not using


Post by chioms on 02 July 2020, 01:23 am

That's okay


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Cool news update


Post by TEKJ2 on 01 July 2020, 11:04 am

Okay


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Nice


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Ok


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Nice


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Okay


Post by Kjohn on 01 July 2020, 10:03 am

Nice update


Post by Odinakaesther1 on 01 July 2020, 09:53 am

Ok


Post by Bamis005 on 01 July 2020, 09:44 am

There should not be any hike. Let Nigerians enjoy the privileges


Post by Marvelous Amara on 01 July 2020, 09:41 am

Nice


Post by Lady oluchi on 01 July 2020, 09:38 am

Cool


Post by Nonelikegod on 01 July 2020, 09:22 am

Its okay


Post by Adebayo on 01 July 2020, 09:19 am

We hope for good


Post by Sherifffamosa on 01 July 2020, 09:17 am

100% increase is madness


Post by Oloruntobi on 01 July 2020, 09:17 am

Ok


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Ok


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Okay


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nice one


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Okay


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Good


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Ok


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Nice


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Good


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sorry for us we are jokers


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This is good


Post by mcjosh on 01 July 2020, 06:06 am

Informative


Post by Gentleveco 0147 on 01 July 2020, 05:52 am

It should be better than before oo


Post by Phardoswiz on 01 July 2020, 05:31 am

Thanks for the update


Post by Jennychizzy on 01 July 2020, 05:10 am

Fine


Post by Daniel2020 on 01 July 2020, 05:09 am

Ok


Post by Kingsley289 on 01 July 2020, 04:17 am

Okay


Post by Callista on 01 July 2020, 04:14 am

Thanks


Post by Bartholomew on 01 July 2020, 04:03 am

Thanks


Post by Santiagojr on 01 July 2020, 03:55 am

Okay


Post by Brianna on 01 July 2020, 02:52 am

Thanks


Post by A6du11ah on 01 July 2020, 02:52 am

Thanks for the timely information


Post by Mrmick19 on 01 July 2020, 02:31 am

Thanks for the update


Post by BenCarson on 01 July 2020, 01:50 am

For ordinary NEPA


Post by MAMUS ONOS on 01 July 2020, 01:36 am

Okay


Post by uheart on 01 July 2020, 01:34 am

OK


Post by Gina on 01 July 2020, 01:32 am

Good


Post by Mercx84 on 01 July 2020, 01:29 am

Put this pandemic in consideration


Post by timchado on 01 July 2020, 01:12 am

Q


Post by Mafhau on 01 July 2020, 01:12 am

They should consider the citizens


Post by Vicjane on 01 July 2020, 00:45 am

Good


Post by Gwisdom on 01 July 2020, 00:43 am

How can they be taking about hike in the fee. There pandemic and at the same time, energy supply has not increase


Post by Stceejay on 01 July 2020, 00:22 am

Good


Post by Adeyeye on 01 July 2020, 00:13 am

Okay


Post by Ibnjinni on 01 July 2020, 00:10 am

The people are in a very difficult situation, we don't have to make things worse for ourselves


Post by Khalif234 on 01 July 2020, 00:06 am

Thanks for the update


Post by prinz-whee on 30 June 2020, 23:51 pm

Ok


Post by Nikky-G on 30 June 2020, 23:49 pm

Nice one


Post by OmoAkin97 on 30 June 2020, 23:45 pm

That's wonderful


Post by God on 30 June 2020, 23:38 pm

Great news


Post by Tbostic16 on 30 June 2020, 23:34 pm

Really


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Good one


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Good


Post by Anthony590 on 30 June 2020, 23:00 pm

Ok


Post by Gojason on 30 June 2020, 22:54 pm

There better not be any tariff


Post by Calimay on 30 June 2020, 22:34 pm

Great, thanks to Giftalworld for the update


Post by Mrfemac on 30 June 2020, 22:22 pm

Thanks for the information


Post by Kadirigideon on 30 June 2020, 21:58 pm

Great news,they really need to look into it


Post by Sadiq2001 on 30 June 2020, 21:54 pm

Really, this is great news and amazing development it is very informative and thanks for the update


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Very good


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Interesting


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I think it a good one


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Interesting


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Ok


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Good


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Thanks for the infomation


Post by Daisy on 30 June 2020, 21:16 pm

Good


Post by Esther2305 on 30 June 2020, 21:07 pm

Good


Post by taiwo23 on 30 June 2020, 21:07 pm

They should consider the citizens


Post by sodiqade on 30 June 2020, 20:57 pm

Good


Post by Babs2018 on 30 June 2020, 20:38 pm

Ok


Post by mcjosh on 30 June 2020, 20:24 pm

Very informative


Post by Iscy on 30 June 2020, 19:53 pm

Nice


Post by youngfellow on 30 June 2020, 19:50 pm

Nice update


Post by Dean 123 on 30 June 2020, 19:44 pm

Cool


Post by Chijioke5 on 30 June 2020, 19:43 pm

Good one


Post by Omotolani on 30 June 2020, 19:15 pm

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Post by Sammybobo11 on 30 June 2020, 19:10 pm

Ok


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Good news


Post by Bartholomew on 30 June 2020, 18:51 pm

Great


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Wow that's great news


Post by Delabel on 30 June 2020, 18:37 pm

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Post by chioms on 30 June 2020, 18:33 pm

Let's see how it goes


Post by Perpy001 on 30 June 2020, 18:27 pm

Ok


Post by Ifyobi on 30 June 2020, 18:20 pm

Okay


Post by Richman on 30 June 2020, 18:16 pm

Great


Post by Walex500 on 30 June 2020, 17:48 pm

They should thnk deeply about this, things not going well at this period o


Post by Santoskulex on 30 June 2020, 17:38 pm

Okay


Post by sammygeans on 30 June 2020, 17:28 pm

update noted


Post by Callista on 30 June 2020, 17:17 pm

Thanks


Post by Phardoswiz on 30 June 2020, 16:56 pm

Thanks for the update


Post by Emiff on 30 June 2020, 16:55 pm

Ok


Post by chidera22 on 30 June 2020, 15:56 pm

ok


Post by Peteruwaoma on 30 June 2020, 15:32 pm

Their thought should be based on, if we can afford it, things are hard oo


Post by Official janamarley on 30 June 2020, 15:28 pm

Ok


Post by Victory708 on 30 June 2020, 15:28 pm

Hmmm


Post by Wonare on 30 June 2020, 15:24 pm

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Post by Kingarob on 30 June 2020, 15:07 pm

Really?


Post by Peace E on 30 June 2020, 15:01 pm

Please it should not o


Post by Gina on 30 June 2020, 14:45 pm

Okay


Post by Sammy42 on 30 June 2020, 14:31 pm

It was gathered that the representatives of the DisCos said the government should be ready to continue to bear the difference in the present tariff and what was considered as the


Post by Treasure1 on 30 June 2020, 14:08 pm

Good


Post by Khunley02 on 30 June 2020, 13:44 pm

Okat


Post by Nonelikegod on 30 June 2020, 13:43 pm

Better one


Post by Alexboy on 30 June 2020, 13:40 pm

Ok


Post by Yung Nicki on 30 June 2020, 13:38 pm

Nice


Post by Dellydera10$ on 30 June 2020, 13:31 pm

See this people


Post by Bencharles on 30 June 2020, 13:27 pm

After this what?


Post by Akande on 30 June 2020, 13:26 pm

Good


Post by Kayjee2 on 30 June 2020, 13:18 pm

Giftalworld news is the best


Post by Sodiano20 on 30 June 2020, 13:15 pm

Nice update


Post by Huncleeazi on 30 June 2020, 13:09 pm

Thanks for the information


Post by Praise on 30 June 2020, 13:04 pm

Very good


Post by Praise on 30 June 2020, 13:04 pm

Very good


Post by Sam111 on 30 June 2020, 12:45 pm

Nice update


Post by Lastadek on 30 June 2020, 12:30 pm

Good


Post by Ebuka247 on 30 June 2020, 12:27 pm

interesting


Post by Cocobuta on 30 June 2020, 12:19 pm

Let's see how it goes then


Post by Adeboye on 30 June 2020, 12:13 pm

Last last no do nonsense oo


Post by Dunu on 30 June 2020, 12:12 pm

Nah today?make wee how it goes then


Post by vikkymercy on 30 June 2020, 11:51 am

Noted


Post by Pookie on 30 June 2020, 11:39 am

Okay


Post by Salay on 30 June 2020, 11:35 am

Good news


Post by Tayo0327 on 30 June 2020, 11:35 am

OK


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