Tag: NERC

  • Labour demands complete reversal of power sector privatisation

    Labour demands complete reversal of power sector privatisation

    The Organised Labour has demanded for the complete reversal of the power sector privatisation and recovery of all public electricity assets sold.

    The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) made the demands while picketing the headquarters of the Nigerian Electricity Regulatory Commission (NERC) over hike in electricity tariff on Monday in Abuja.

    The protesting workers carried placards with inscriptions such as,’We are not generator Republic,’ IMF, World Bank, leave Nigeria Power Sector alone, “Let the poor breathe. Give us affordable and constant light, among others.

    Mr Joe Ajaero, NLC President while addressing newsmen said that the privatisation of the power sector was a ‘colossal failure’.

    NERC had recently announced hike in electricity tariff across the nation from N65/kwh to N225/Kwh.

    The organised labour had rejected the increase in the electricity tariff and therefore called for a reversal.

    According to him, Organised Labour in Nigeria demands the complete reversal of the power sector privatisation and the recovery of all public electricity assets.

    “That is which are sold cheap to largely inexperienced, technically deficient and financially challenged private investors.

    “As workers are hit hardest by the increase in electricity tariff. Unlike business people, wage earning workers cannot adjust their income when the cost of utilities are increased.

    “The stagnancy in wage amidst increases in electricity and refined petroleum products push workers over and beyond the limits of sanity and survival.

    “Small and medium scale businesses which accommodates millions of workers in the informal economy is severally affected by the increases in energy cost.

    “This have led to shutdown of business thus blooming Nigeria unemployment market,” he said.

    He therefore, said that Nigeria workers rejected the recent increase in electricity tariff and the associated upgrading and downgrading of customers from one Band to another.

    Ajaero further called on government to respect the Sept. 2021 agreement with Labour that reinforced in 2023 agreement that government must halt further increase in the tariff of public utilities until certain conditions were met.

    He said that this include the review of the privatisation exercise, de- dollarization of gas supply to electricity generation, distribution of pre paid meters to all electricity consumers in Nigeria, among others.

    The NLC president also noted that before the increase in electricity tariff, NERC would have called for a stakeholders meeting for proper consultation.

    Mr Sanusi Garba, Chairman of NERC, commended Labour for its peaceful demonstration in respect of issues affecting the power sector.

    According to him, we have taken input from your demands related to the affordability of the tariff issued by the commission, we have also listened to you and we have listened to the concerns of Nigerians.

    “I want to assure you that we will make adequate representation on the policy side on the issue of affordability of tariffs.

    “We also took note on your call for the diversification of energy sources and I will like to say that the Zukeru 700 mega watt power plant is already on,” he said.

    The organised labour also went to the Ministry of Power and Transmission Company of Nigeria (TCN).

  • Real reason NERC reviewed tariff for Band A to N206.8/kWh

    Real reason NERC reviewed tariff for Band A to N206.8/kWh

    The Nigerian Electricity Regulatory Commission (NERC) on Monday reviewed electricity tariff for Band A consumers to NGN206.8/ kWh.

    Following the review, NERC immediately ordered electricity distribution companies (DisCos) in the country to revise tariff for Band A customers from N225/kWh to N206.80/kwh.

    According to NERC, the review is “largely driven by the relative appreciation of the Naira in the official foreign exchange window”.

    “Effective from May 6, 2024, Band A end-user tariffs have been reviewed to NGN206.8/ kWh under MYTO 2024. This is largely driven by the relative appreciation of the Naira in the official foreign exchange window,” the Commission stated.

    Recall that the National Assembly (NASS) in response to protests by electricity consumers over tariff  increase had directed the commission to intervene.

    Under the approved review, Band ‘A’ customers who were previously charged N225/Kwh are now to pay N206.80/kwh.

    The band’s customers are those who enjoy a daily supply of a minimum of 20 hours.

    DisCos comply with NERC order on reviewed electricity tariff for Band A

    Meanwhile, electricity distribution companies (DisCos) in the country have complied with the new order to review tariff from N225/kWh to N206.80/kwh for Band A customers.

    Management of Abuja Electricity Distribution Company (AEDC) confirmed complying with the order in a notice released on Monday in Abuja.

    The notice read, ’’ We are pleased to share with you the revised tariff for our Band ‘A’ feeders,  which will decrease from N225/kwh  to N206.80 effective May 6.

    “We assure customers on our Band ‘A’ feeders of continued availability of electricity supply for 20-24 hours daily. Please note that the tariffs for Band B, C D and E remain unaffected”.

    Similarly, Ikeja Electric Distribution Company has announced reduction of electricity tariff for customers on Band A from N225/kwh to N206.80/kwh.

    This is contained in a circular issued by the management of the company on Monday in Lagos.

    According to the company, customers on band A will now pay N206.80/kwh, as against the stipulated N225/kwh ordered by NERC.

    It expressed its commitment to providing 20 to 24 hours of electricity to users under the band, while stating, however, that the tariff for customers in other categories remained the same.

    Also, the Ibadan Electricity Distribution Company (IBEDC) has begun the implementation of a downward review of tariff from N225/Kwh to N206.80/Kwh for Band A customers in its coverage territory.

    This review followed the directive by NERC to DisCos to review downwardly tariffs for Band A customers only.

    Mrs Busolami Tunwase, Lead, Media Relations, IBEDC, disclosed in Ota, Ogun, that the new tariff was with effect from  May 4.

    “Customers using prepaid meters will be the first to experience the revised tariff – N206.80/Kwh whenever they vend this month of May.

    “While for Post-paid customers, the revised tariff will reflect in the electricity bills to be receive at the end of May 2024,” she said.

    Tunwase said that the tariffs for band B,C,D and E remains unchanged.

    She assured the customers that IBEDC  remain unequivocally committed to ensuring quality and improved service across our franchise.

    IBEDC coverage territory include Oyo, Ogun, Osun, Kwara, and parts of Ekiti, Niger and Kogi.

  • Finally, NERC unbundle TCN, establishes independent system operator

    Finally, NERC unbundle TCN, establishes independent system operator

    The Nigerian Electricity Regulatory Commission (NERC) has announced the unbundling of the Transmission Company of Nigeria (TCN) with the establishment of the Nigerian Independent System Operator of Nigeria Limited (NISO).

    In an order dated April 30, 2023, jointly signed by NERC chairman, Sanusi Garba, and vice chairman, Musiliu Oseni, TCN is directed to transfer all market and system operation functions to the newly established company.

    This decision follows the enactment of the Electricity Act 2023, which provided more precise guidelines for the incorporation and licensing of the Independent System Operator (ISO) and the transfer of assets and liabilities of TCN’s portion of the ISO.

    NERC also instructed the Bureau of Public Enterprises (BPE) to incorporate a private company limited by shares under the Companies and Allied Matters Act (CAMA), 2020, by May 31.

    The newly formed company, to be named the Nigerian Independent System Operator of Nigeria Limited (NISO), will assume the market and system operation functions outlined in the Electricity Act and TCN’s system operation licence.

    “The name of the company shall, subject to availability at Corporate Affairs Commission, be the Nigerian Independent System Operator of Nigeria Limited (“NISO”),” NERC said.

    According to NERC, NISO will manage all assets and liabilities related to market and system operation on behalf of market participants, consumer groups, or other stakeholders specified by the Commission.

    It will also negotiate contracts for ancillary services with independent power producers and successor generation licensees and fulfil other market and system operation-related obligations previously held by TCN.

  • Power: NERC introduces NISO as TCN replacement

    Power: NERC introduces NISO as TCN replacement

    In its bid to improve the electricity situation of the country, the Nigerian Electricity Regulatory Commission (NERC) has begun the unbundling process of the Transmission Company of Nigeria (TCN), while introducing the Nigerian Independent System Operator of Nigeria Limited (NISO).

    TCN has now been mandated to transfer all market and system operation functions to the newly established entity for the proper actualization of the Nigerian Independent System Operator of Nigeria Limited after a letter , jointly signed by NERC Chairman, Sanusi Garba and Vice Chairman Musiliu Oseni,  surfaced on April 30, 2023,

    It would be recalled that TCN held transmission service provider (TSP) and system operations (SO) licenses in accordance with the Electric Power Sector Reform Act.

    However, the enactment of the Electricity Act 2023 provided clearer guidelines for incorporating and licensing the independent system operator (ISO) and for the transfer of assets and liabilities from TCN’s portion of the ISO.

    Moreso,  NERC has instructed the Bureau of Public Enterprises (BPE) to incorporate a private company limited by shares under the Companies and Allied Matters Act (CAMA), 2020, by May 31.

    This new entity, named the Nigerian Independent System Operator of Nigeria Limited (“NISO”), will assume the market and system operation functions outlined in the Electricity Act and TCN’s system operation license terms.

    According to NERC, emphasized that NISO’s memorandum of association (MOU) will empower the company to manage all assets and liabilities related to market and system operation on behalf of market participants, consumer groups, or specified stakeholders.

    Additionally, NISO will be tasked with negotiating ancillary service procurement contracts with independent power producers and successor generation licensees, as well as performing other market and system operation functions outlined in its license.

    Overall, NERC expects NISO to fulfill all contractual rights and obligations pertaining to market and system operations previously held by TCN.

    This move marks a significant step in the restructuring of Nigeria’s electricity sector, aimed at enhancing efficiency and market performance.

  • TUC gives NERC one week ultimatum to reverse increase in electricity tariff

    TUC gives NERC one week ultimatum to reverse increase in electricity tariff

    Festus Osifo, the President of the Trade Union Congress, (TUC) on Wednesday, said it was unethical and unrealistic for Nigerians to pay high electricity tariff.

    According to the TUC, the new electricity tarrif is very unrealistic.

    They however  urged the Nigerian Electricity Regulatory Commission to reverse the increase in electricity tariff within one week.

    Osifo who spoke at the 2024 Workers’ Day in Abuja, also expressed dissatisfaction with the epileptic power situation in the country, which is affecting the country’s economic growth.

    He said it’s very important that any nation incapable of effectively and efficiently managing its energy resources faces certain ruin.

    He said, “One of the pivotal factors constraining our nation is our glaring incompetence in managing this sector for the collective welfare of our citizens.

    “Power, regardless of its source, remains paramount in kickstarting any economy, while oil and gas are indispensable for robust energy success in every country. “

    Continuing, he said  the plight of the power sector remains unchanged over a decade after privatisation of the sector.

    “The reasons are glaringly evident. As long as those who sold the companies remain the buyers, Nigerians will continue to face formidable challenges in the power sector.

    ”It is unethical to force Nigerians to pay higher tariffs for non-existent electricity.

    “Estimated billing is an extortion and a daylight robbery against Nigerians, ” he said.

    Recall that NERC approved an increase in electricity tariff for customers under the Band A classification.

    The Vice Chairman, NERC, Musliu Oseni, said the increase will see the customers paying N225 kilowatt per hour from the current N66.

  • The thing around our NERC – By Pius Mordi

    The thing around our NERC – By Pius Mordi

    “The only thing worse than being blind is having sight, but no vision. Although the world is full of suffering, it is also full of overcoming” – Helen Keller (1880-1968), American author, disability rights advocate, and lecturer.

    The story about Nigeria’s electricity sector is characterised by the abject state of deficiency, corruption and potential that define it. And in every electoral cycle, it provides a talking point for politicians aspiring for public office. Somehow,  despite all the money pumped into the sector through different programmes to boost power supply, available electricity has hardly ever been more than 4,000 mega watts.

    In the lead up to the 2015 general elections, Asiwaju Bola Ahmed Tinubu as national leader of the then opposition All Progressives Congress (APC) told Nigerians that the path to having constant power supply lay in voting out then President Goodluck Jonathan and the Peoples Democratic Party (PDP). In his words, within six months, his candidate, General Muhammadu Buhari, will change the story and there will be regular electricity supply.

    That was 10 years ago and having taken over power himself as President, Tinubu appointed, Mr Adebayo Adelabu, to drive his agenda in solving the power challenge. As with the oil subsidy issue and wholesale importation of refined petroleum products while the four local refineries remained comatose, Adelabu’s recipe was to increase tarrif.

    In an amazing demonstration of lack of vision and absence roadmap, the Minister unveiled his package which had nothing to do with getting reprieve for consumers burdened with the payment of overly high estimated bills for limited services rendered by the Distribution Companies (DisCos). At a time electricity consumers were seeking fair bills for the very poor supply from the DisCos, Adelabu opened the window for further exploitation of consumers. Operating through the Nigerian Electricity Regulatory Commission (NERC), a pseudo consumer protection agency for the sector, a dubious four-band tarrif structure was unveiled. At the apex is Band A where consumers who enjoy up to 20 hours of electricity everyday have their tarrif raised by 300 percent. At the bottom is Band D, those whose access to public power supply is less than five hours daily, for which the tarrif remains unchanged.

    As demoralising, defeatist and unimaginative as Adelabu’s idea of resolving the power sector challenge is, he ended up opening a seemingly legitimate window for the DisCos to deepen their exploitation of consumers. Who will monitor the actual supply of electricity to consumers and affirm that the advertised 20 hours was met? It is only the DisCos that will make such claim and given that they have the yam and the knife, consumers are helplessly at their mercy.

    This 2024 alone, the national grid has collapsed more than five times and plunged the entire country into darkness. Remarkably, every stakeholder in the country has bought into the idea that the nature of federalism for the running of the country courtesy of the 1999 constitution is different from unitary system of government only in name. The argument is that Nigeria is too large and diverse to be governed by an all powerful and overreaching centre. It is the argument driving the quest for devolution of powers from the federal government to the states. The same points were also extended to the ongoing but strident calls for powers to given to states to set up their own Police. Crime, they say, us local and the solution is also local.

    It is true that the just before leaving office, former President Buhari signed an amendment of the constitution that removed electricity from from the exclusive to concurrent list of Legislative powers. With that in the bag, Adelabu was expected to evolve fresh strategies to make national power supply more effective by unbundling the ineffectual national grid. His reform, no, revenue generation strategy, has left the humpty dumpty national grid in tact. He does not even hope to improve power supply. Its not part of his game plan. Rather, it is an obsession with removing any vestige of “subsidy” once the Bretton Woods institutions say so.

    Without efficient power supply, there will be no industrialisation. For any investor to venture into the real sector, he must factor generating his own independent power supply first. The earlier removal of fuel subsidy has made access to diesel to power heavy duty generators astronomical and such businesses unproductive. Why does Adelabu prefer to build a house from the roof? With some measure of inventiveness and creative approach to reforms, reliable and steady power supply is achievable in Nigeria.

    NERC, as earlier conceived, was supposed to protect the interest of electricity consumers by ensuring that distributors play by the rule. The agency is supposed to curb the tendency by DisCos to shortchange consumers when their bills do not reflect the quality and duration of power supplied. Adelabu has turned NERC into a conduit for further exploitation and he has become the thing around our NERC.

    Postscript

    Mamman’s minimum age for university admission

    In December 2020, the National Assembly Joint Committee on the Independent National Electoral Commission (INEC) recommended that married underage girls be recognised as eligible voters.

    Nigeria’s constitution currently pegs the eligible age for voting at 18.

    Kabiru Gaya, then chairman of the Senate committee on INEC, said the recommendation is a unanimous decision by the joint panel. According to him, “the joint committee has proposed that if a lady who is not up to 18 years is married, she should be considered to be mature enough and be eligible to vote.”

    Fast forward to four years later, President Tinubu’s Minister of Education, Prof. Tahir Mamman, says the federal government plans to review and peg the minimum entry age into tertiary institutions in the country at 18 years.

    The minister advised parents against pushing their children and wards “too much,” to allow them to attain some level of maturity to be able to better manage their affairs.

    “The other thing which we notice is the age of those who have applied to go to the university. Some of them are really too young. We are going to look at it because they are too young to understand what university education is all about.

    “That’s the stage when students migrate from a controlled environment where they are in charge of their own affairs. So if they are too young, they won’t be able to manage properly. That accounts for some of the problems we are seeing in the universities.

    “We are going to look at that. Eighteen is the entry age for university but you will see students, 15, and 16, going to the examination. It is not good for us. Parents should be encouraged not to push their wards, or children too much,” he said.

    Really? When it’s about voting, an underage girl, some as young as 13, are “mature enough” because they are already making babies. And religion provides adequate logic for that.

    For education, Mamman says the same child who could marry at less than 18 should not be admitted into university in today’s world. If that is the Minister’s roadmap for revamping education, Tinubu should save him the trauma and relieve him of the task. He is not fit for the job. Simple.

  • UPDATE: Why Reps asked NERC to stop electricity tariff hike

    UPDATE: Why Reps asked NERC to stop electricity tariff hike

    The House of Representatives has urged the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new tariff.

    The call was sequel to the adoption of a motion by Rep. Nkemkanma Kama (LP-Ebonyi) at plenary on Tuesday.

    It would be recalled that NERC had on April 3, approved an increase in electricity tariff for customers who enjoyed 20 hours of electricity daily classified as Band A users.

    Moving the motion, Kama said that the aim was to restore public trust, protect consumer rights, and ensure regulatory accountability in the Nigerian Electricity Supply Industry (NESI).

    He said that facts presented showed that the approval granted by NERC resulted in a staggering 300 per cent rise for certain consumers.

    “What is more concerning are the reports indicating discrepancies in customer categorisation and widespread complaints regarding inadequate service despite increased charges.

    “This situation has not just sparked national anxiety, but it also threatens regulatory certainty and investor confidence in the sector, demanding immediate attention.

    “This motion argues for legislative intervention, underlining our constitutional and moral obligations to address the crisis and alleviate the burden on Nigerian citizens.

    “It places a strong emphasis on the legislative oversight role over NERC and the electricity utilities, stressing the need for fair and just pricing and consultation with stakeholders in tariff determination processes.

    “This is not just a responsibility, but a duty we owe to our constituents,” he said.

    The lawmaker alleged failure of due process in approving the tariff increase which raised concerns over discriminatory practices, and  disputed nature of government subsidies to Electricity Distribution Companies (DISCOs).

    Sequel to the adoption of the motion, the House ordered the Nigerian electricity regulatory commission (NERC) to suspend the operation of the recently announced tariff increases and other conditions in the newly issued review of the MYTO.

    The House resolved to set up a special committee made up of the Committees on Power, Commerce and National Planning to convene a public hearing on price regulation.

    The lawmaker resolved to appoint well-regarded former regulator as technical consultant to the house to develop templates for determination of the legality, reasonableness of the procedure adopted by NERC in approving the tariff increase and establishing the performance benchmarks for the Discos.

    In his ruling, the Speaker of the house, Rep. Tajudeen Abbas said that the relevant committees should ensure compliance.

  • BREAKING: Minister kicks as Reps stop NERC from implementing electricity tariff hike

    BREAKING: Minister kicks as Reps stop NERC from implementing electricity tariff hike

    The Nigerian House of Representatives has asked the Nigeria Electricity Regulatory Commission (NERC) to suspend the implementation of the new electricity tariff increase.

    TheNewsGuru.com (TNG) reports the lower legislative chamber passed the resolution during plenary session on Tuesday, following the adoption of a motion of urgent public importance.

    The motion was sponsored by Nkemkanma Kama, a Labour Party (LP) lawmaker from Ebonyi State.

    Recall that on April 3, NERC had approved an increase in electricity tariff for customers under the Band A classification.

    The new rates meant a hike from N67 per kilowatt-hour to N225 per kilowatt-hour, translating  to a 241KW increase for the users.

    Band A customers are those who enjoy electricity supply for at least 20 hours per day.

    NERC said the newly approved tariff is expected to reduce subsidies for the 2024 fiscal year by about N1.14 trillion.

    However, Adebayo Adelabu, Minister of Power, has said the country will be thrown into darkness if the federal government does not implement the new hike in electricity tariff.

    Appearing before the senate committee on power on Monday, Adelabu said although citizens are bearing the brunt of the increase, it would “catapult us to the next level”.

    Details shortly…

  • NERC announces deregulation of prices of electricity meters

    NERC announces deregulation of prices of electricity meters

    The Nigerian Electricity Regulatory Commission (NERC), has announced deregulation of meter prices under the Meter Asset Provider (MAP) Scheme for end-user customers.

    This is according to a statement by the commission in Abuja on Monday signed by Mr Garba Sanusi, the Chairman of NERC and Mr Dafe Akpeneye, the Commissioner Legal, Licensing and Compliance, NERC.

    The statement said: “Effective from May 1, the new order will introduce a competitive bidding process, allowing customers to choose from a variety of authorised vendors.

    “This will mark a significant shift from the previously regulated pricing structure”.

    According to the  order, all prices of meters within the MAP scheme will be determined through competitive bidding.

    The commission said that the move was expected to foster transparency and reduce prices as customers would have the freedom to select their preferred meter providers among those authorised under the scheme.

    ”The deregulation lifts previous restrictions allowing all MAP permit holders to provide services across all Electricity Distribution Companies (DisCos) in Nigeria, provided they meet specific requirements.

    “This broader operational scope is anticipated to increase competition among MAPs, potentially leading to better services and innovations in metering solutions,” it said.

    The order said that DisCos had been mandated to ensure that smart meters provided by MAPs were seamlessly integrated into their head-end systems and meter data management systems.

    ”Furthermore, they must provide a publicly accessible online portal displaying their technical specifications and commercial terms for MAP participation.

    ”This is to ensure a standardised approach to meter installation and function across board,” it said.

    According to the order, thorough testing and confirmation process for new meters have been outlined.

    “With DisCos required to complete these evaluations within 20 working days from when a MAP meets all specified requirements.

    “Meters that fail the confirmation test must be promptly reported to the MAP with details on the failure points,” it said.

    The commission said that the deregulation also introduced flexibility in the types of meters available under the MAP scheme.

    ”DisCos can now offer basic electronic meters, Internet of Things (IoT) meters, DIN rail meters, and current limiters, depending on the customer’s energy consumption profile.

    “While deregulating meter prices, NERC will oversee the submission of price offers from MAPs to ensure fair competition.

    “This includes a requirement for MAPs to hold a minimum stock of 2,000 units of meters as an eligibility criterion for participation in the bidding process.

    The commission said that end-use customers now have the sole right to choose their preferred MAP and meter types, which align with their specific energy needs.

    It said that additionally, stringent measures have been placed to ensure timely installation of meters with penalties for MAPs that fail to meet installation deadlines.

  • Adelabu reveals whopping sum needed to revive power sector

    Adelabu reveals whopping sum needed to revive power sector

    The Minister of Power, Mr Adebayo Adelabu says the Federal Government requires 10 billion dollars investment yearly, to revive the power sector for the next 10 years.

    Adelabu said this in Abuja on Monday, at a one day investigative hearing on halting the electricity tariff increase by the Nigerian Electricity Regulatory Commission (NERC) organised by the Senate Committee on Power.

    “For this sector to be revived, government need to spend nothing less than 10 billion dollars annually in the next 10 years.

    “This is because of the Infrastructure requirement for the stability of the sector, but government can not afford that.

    “And so we must make this sector attractive to investors and to lenders.

    “So for us to attract investors,and investment, we must make the sector attractive, and the only way it can be made attractive is that there must be commercial pricing,” he said.

    Adelabu added:“If the value is still at N66 and government is not paying subsidy ,the investors will not come.

    “But now that we have increased tariff for a Band, there are interest been shown by investors.”

    The minister said the major challenge in the sector was absence of liquidity, saying that the sector had been operating on a subsidised tariff regime,given the absence of a cost reflective tariff.

    He said that the subsidy had not be funded over the years as huge liabilities was being owed the Generating Companies ( GenCos) and the Gas Companies.

    Adelabu said the inability of the government to pay the outstanding N2.9 trillion subsidy was due to limited resources, hence the need to evolve measures to sustain the sector.

    He appealed to the lawmakers to support the process of paying the debt owed operators across the value chain of generation, transmission and distribution.

    “The increase is based on supply, saying that any customer that do not received 20 hours power supply will not be made to pay the new tariff,” he said.

    He said the government was committed to ensuring sustainable reform in the sector, saying that there was need to clear the outstanding debt owed GenCos and Gas companies.

    To improve power supply, he said government was investing in hydro electric power, adding that construction of 700 mega watt power in Zungeru had commenced, while Kashimbila Hydroelectric power plant of 40 mega watt was awaiting evacuation to improve generation.

    The minister said there was also an on going investment of 26 small hydro power dams to boost electricity production across the country.

    However, members of the committee in their separate remarks decried the experiences of Nigerians on electricity supply over the years, despite the unbundling of the sector.

    Sen. Lola Ashiru, the Vice-Chairman of the committee said Nigerians were paying for inefficiency of power sector operators.

    Ashiru said there was a lot of inefficiency across the value chain of generation, transmission and distribution..

    He said poor Nigerians must be protected, adding that there was a need to consider a reversal of the tariff increase.

    Sen.Solomon Larlong said there was no consultation, before the increase, adding that issues of palliative should have been discussed and provided before the tariff increase.

    Sen .Enyinnaya Abaribe, the Chairman of the Committee said what Nigerians wanted was a solution to the issues and ways to ensure liquidity in the sector.

    He also decried the non  appearance of a company “ZIGLAKS” over the failed agreement to provide prepaid meters for Nigerians.

    He alleged that the company had received N32 billion in 20 years to meter Nigerian electricity consumers.

    Sen.Adamu Alero said due consultation was not made before the tariff increase.

    He said the public was not at peace with the increase, saying that the increase was over 200 per cent, hence the need for a reversal of the tariff increase.

    Some stakeholders at the event included the Nigerian Electricity Regulatory Commission (NERC), Manufacturers Association of Nigeria (MAN), Association of Power Generation (Gencos) and Electricity Distribution Companies (DisCos).