- The House of Representatives on Tuesday urged the Nigerian Electricity Regulatory Commission (NERC) to stop the distribution companies from any upward review of electricity tariff.
- The resolution of the House followed a motion sponsored by Hon. Solomon Maren (Plateau PDP) who noted that power generation and distribution in Nigeria remains in a comatose state and has led to the closure of several industries and hampered the development of small and medium scale enterprises.
- He recalled that the House already resolved against collection of maintenance fees by the distribution companies, a resolution which NERC has since enforced. Maren however noted that the companies are still trying to devise other means to collect the fees, under other guises.
Stanbic IBTC PMI: Nigeria’s private sector expands for fifth consecutive month in June
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