Connect with us

Economy

Reverse Electricity Tariff Hike Now- SERAP To FG

Published

on

Sharing buttons

President Muhammadu Buhari has been requested to quickly reverse the allegedly illegal, unfair, and arbitrary increase in the price of electricity that took place in December 2022 by the Socio-Economic Rights and Accountability Project, (SERAP).

Fidel Info reports that In order to reverse the tarrif with immediate effect, SERAP requested that Buhari instruct the Minister of Power, Goddy Jedy-Agba, and the Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh.

“You should ensure the investigation of the spending of public funds as investments and bailouts by successive governments to electricity distribution companies (DisCos) and generating companies (GenCos) since 2005, and prosecution of cases of corruption and mismanagement,” the organization urged.

The proposal came after the Nigerian Energy Regulatory Commission (NERC) reportedly approved an increase in electricity rates for all DisCos in the nation in December 2022.

According to reports, a number of prepaid consumers have confirmed the rise. The rise has not been confirmed or denied by either the NERC or the Minister of Power.

The organization claimed in the letter published over the weekend by SERAP Deputy Director Kolawole Oluwadare that the rise in electricity prices would make the country’s terrible poverty worse and make it harder for millions of Nigerians to meet their most basic necessities.

SERAP said, “the increase in electricity tariff failed to follow due process. It is entirely inconsistent and incompatible with the provisions of the Nigerian Constitution of 1999 [as amended], the Electric Power Sector Reform Act and the country’s international human rights obligations.

According to SERAP, “Millions of Nigerians continue to live in darkness despite the spending by successive governments of trillions of naira as investments and bailouts to electricity companies.

The letter, read in part: “The increase is unjustified, especially given the unreliable, inefficient and poor quality of electricity in the country. Rather than providing electricity discounts to poor Nigerians, successive governments continue to give bailouts to electricity companies.”

“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government to comply with our request in the public interest.”

“Your government should have used the report by the National Bureau of Statistics (NBS), which shows damning revelations that some 133 million Nigerians are poor as a basis to improve access to regular electricity supply, and extend electricity to remote rural households.”

“The latest increase in electricity tariff is coming on the heels of the NBC report which shows that over half of the population of Nigeria are multidimensionally poor and cook with dung, wood or charcoal, rather than clean energy. High deprivations also apparent nationally in sanitation, time to healthcare, food insecurity, and housing.”

“The hike in tariff would increase financial burdens for socially and economically vulnerable Nigerians and further marginalize and disproportionately affect them, and exacerbate their vulnerability to discrimination.”

“The failure of successive governments and high-ranking government officials to prevent widespread and systematic corruption in the electricity sector and to bring suspected perpetrators to justice is the primary cause of the exploitation of electricity consumers.”

“Investigating the spending of investments and bailouts by successive governments in DISCOS and prosecuting anyone suspected of corruption and mismanagement of public funds, and recovering any proceeds of crime would end a culture of impunity in the power sector, and improve access to and affordability of electricity in Nigeria.”

“Successive governments have failed to increase power generation and provide Nigerians with regular and uninterrupted electricity supply, with many electricity contracts shrouded in secrecy, and trillions of Naira going down the drain.”

“Your government also has legal obligations to ensure that socially and economically vulnerable Nigerians including the 133 million the NBC documents as poor enjoy non-discriminatory access to basic household services including electricity.”

Sharing buttons