The Nigerian Bar Association , Ikeja Branch, has given the Federal Government and Electricity Distribution Companies a seven-day ultimatum to reverse to the old electricity tariff or face a lawsuit.Olawunmi described the increase in the electricity tariff by almost 300 per cent as not only unreasonable but also insensitive.
Olawunmi noted that NERC in December 2023, issued a new Multi-Year Tariff Order which indicated a purported cost-reflective tariff chargeable by the various Discos. “We view this sudden astronomical increase in the end-user tariff irrespective of the technical arguments preferred in justification, as utterly exploitative and non-reflective of the current economic hardship that the masses are going through.
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