The Red Chamber has kicked against any further increment in power tariff after the 45% increment last year.
File Photo
The National Assembly, has rejected the subsidy and tariff hike
proposed by the power operators and the Nigerian Electricity Regulatory
Commission, NERC.
The Senate Committee on Power announced the rejection of the
proposal when it’s Chairman, Senator Ben Bruce led the members on
oversight function to the commission in Abuja.
The committee described the lack of power supply and demand for
increase in tariff or subsidy as factor of monopoly created in the power
sector.
Briefing newsmen shortly after the meeting, Senator Bruce said, “What
I don’t want is for us to leave NEPA as a monopoly and create other
monopolies with GENCOs or DISCOs and that is what we have had. Instead
of having government monopoly, we now have monopoly in the private
sector.
“For instance, if you want power in Benin, it is not that you
have an option. There is only one Disco in Benin, only one Disco in
Lagos, only one DISCO in Abuja. You don’t have other DISCOs to compete
with, you only have one.
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