- Islanders Magazine

Breaking

Post Top Ad

Wednesday 13 July 2016

Buhari govt’s 45% electricity price hike illegal, Court declares



The Federal High Court Ikoyi has declared the 45 per cent tariff increase by the Nigeria Electricity Regulatory Commission (NERC) as illegal and has directed its immediate reversal.
The court said on Wednesday that the implementation of the huge increase constitutes a violation of its interim order.
The court awarded N50, 000 cost against NERC.
The Nigeria Labour Congress which has opposed the price hike described the ruling as “courageous and deserving of commendation”.
“We also consider it victory for the ordinary Nigerian who has been crushed by exploitative bills,” a statement by the NLC’s president, Ayuba Wabba, said.
The labour congress urged NERC and DISCOs to obey the judgement and revert to the old rates without further delay.
The electricity commission raised the tariffs which took effect despite a resolution of the National Assembly and a restraining court order against the policy.

No comments:

Post a Comment

Post Top Ad