Connect with us

Nigeria

Advertisements

Deputy Speaker, Kalu, to intervene in electricity tariff increase

Published

on

Spread the love

Benjamin Kalu, the Deputy Speaker of the House of Representatives and member representing Bende federal constituency of Abia State, has announced that the house will engage in a debate regarding the recent increase in electricity tariffs.

This decision comes after the Nigerian Electricity Regulatory Commission (NERC) approved a significant hike in the price of electricity for Band A customers, resulting in a 300% increase for urban areas with 20 hours of power supply.

The approval has sparked widespread concern and outcry, with many fearing that it will further exacerbate the economic hardships faced by Nigerians.

Kalu, speaking on a radio program, emphasized the parliament’s commitment to addressing the issue and finding a win-win solution that considers the interests of both investors and the Nigerian people.

Read Also: Gov Otu encourages Muslims to continue praying for Nigeria

Advertisements

He highlighted the case of the University of Ibadan Teaching Hospital, which was disconnected due to the tariff hike and is now unable to afford the increased costs.

Kalu assured the public that the matter will be thoroughly examined and resolved upon the resumption of plenary later this month.


Spread the love
Continue Reading
bitcoin
Bitcoin (BTC) $ 65,271.49
ethereum
Ethereum (ETH) $ 2,942.85
tether
Tether (USDT) $ 0.999396
usd-coin
USDC (USDC) $ 0.999837
bnb
BNB (BNB) $ 569.85
xrp
XRP (XRP) $ 0.514526
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.150474
tron
TRON (TRX) $ 0.12487
leo-token
LEO Token (LEO) $ 5.92
shiba-inu
Shiba Inu (SHIB) $ 0.000024
dai
Dai (DAI) $ 0.998035
polkadot
Polkadot (DOT) $ 7.06
staked-ether
Lido Staked Ether (STETH) $ 2,942.02
litecoin
Litecoin (LTC) $ 82.48
okb
OKB (OKB) $ 49.38
avalanche-2
Avalanche (AVAX) $ 34.44
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 65,408.52
solana
Solana (SOL) $ 161.34
cardano
Cardano (ADA) $ 0.456852