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Nigeria: Osinbajo Meets Senate President, Speaker Over Proposed Increase Of Electricity Tariff

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Vice President Yemi Osinbajo has met with Senate President, Ahmed Lawan and Speaker, House of Representatives, Femi Gbajabiamila in the Presidential Villa Abuja about the proposed increase in electricity tariff.

Newsmen reports that Osinbajo heads the Power Sector Reform Coordination Working Group.

The National Assembly had, in a statement on Monday, said its leadership had agreed with the DisCos to suspend the planned increase.

Lawan, who spoke with State House correspondents after meeting on Tuesday, said the increase was untimely as necessary parameters should be on ground before such hike.

The joint leadership of the National Assembly sat yesterday with the DISCOs and Nigeria Electricity Regulatory Commission and we believe that it is not the right time to increase the tariffs.

He said that Nigerians have a lot of challenges to bear because of the COVID-19 pandemic and the situation requires that we should do everything possible to make life easy for our citizens.

On his part Gbajabiamila said all parties agreed that there was need for cost-reflective tariff, but it should be done at the appropriate time.

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