'Don’t Hike Electricity Tariff, Probe Adelabu’s N2trn Subsidy Claim' — Senate Urges FG

Date: 22-02-2024 2:24 pm (2 months ago) | Author: onuigbo felicia
- at 22-02-2024 02:24 PM (2 months ago)
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The Senate, during its session on Wednesday, strongly advised the Federal Government against increasing electricity tariffs, stating that such a move would exacerbate the challenges faced by Nigerians.

The warning was issued during a plenary chaired by the Senate President, Godswill Akpabio.

In addition to cautioning against tariff hikes, the Senate adopted a resolution tasking its Committee on Power to investigate several financial matters related to the power sector. This includes examining the claimed over N2 trillion subsidy requirements as stated by the Minister of Power, Adebayo Adelabu, as well as the outstanding N1.3 trillion owed to electricity Generation Companies (GenCos) and a $1.3 billion debt to gas companies.

Lawmakers who contributed to the motion expressed grave concerns about the potential increase in electricity tariffs, questioning the sensitivity of the Federal Government to the economic hardships faced by Nigerians.

Senator Aminu Iya Abba, along with 10 other lawmakers, sponsored the motion, alerting the Senate to the planned tariff hike and cautioning against its implementation at this critical time.

Abba also called for an end to the arbitrary billing of unmetered customers by electricity companies.

Former Speaker of the House of Representatives and former Governor of Sokoto State, Aminu Tambuwal, supported the motion, urging the Federal Government to prioritize addressing hunger and economic hardship before considering any electricity tariff hikes.

Following a thorough debate, the Senate resolved that the Federal Government should halt the planned increase in electricity tariffs in the interest of the Nigerian populace. Additionally, the Senate called for an investigation into the Minister of Power's statement regarding the purported N2 trillion needed for electricity tariffs, to prevent a recurrence of a fuel subsidy scandal.

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