The Chairman Senate Committee on Employment, Labour and Productivity, Sen. Suleiman Nazif, has said that the Senate will soon review the electricity tariff to arrive at a pocket-friendly price to the benefit of the people and also that of the power sector companies, Daily Trust reports.
Senator Nazif told newsmen on Wednesday that his committee in collaboration with the Senate Committee on Power would convene a meeting of stakeholders on the electricity tariff. The stakeholders include, the Ministry of Power, NERC, Discos, Gencos and labour unions.
Sen. Nazif, who would chair the crucial hearing, appealed to Nigerian workers and the entire Nigerian masses to be calm and hopeful “because the crux of the tariff increase will be thoroughly re-examined within the parameters of present economic realities and by extension arrive at tariffs that will be pocket-friendly to Nigerian people and also beneficial to the power sector companies.”
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