There has been no increase in electricity tariff – Keyamo

Minister of State for Labour and Employment, Festus Keyamo on Tuesday denounced purported hike in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC.

Keyamo, who appeared on Channels TV Politics Today, said he is the chairman of the sub-committee consisting of the Federal Government side and Labour side that had been mandated to go round the country to interact and consult with stakeholders and the discos to find an acceptable and cost-reflective tariff that should be paid by Nigerians.

He said the sub-committee was still in the process of carrying out its assignment and had not finished it, saying that there has been no increase in tariff.

According to him what was agreed on was was to freeze certain bands, as there is band A, B, C, D and so on, saying that in the interim, what was done was to adjust certain bands and to ensure that certain persons who were supposed to be on some bands were not wrongly put on some other bands.

He explained that what had just been done was adjustment of certain bands but that there had not been any increase in tariffs.

Keyamo said when he heard it, he immediately called for a meeting on this issue and that what NERC had released did not reflect what was agreed upon at the level of the committee.

He said he was not consulted and that members of the committee also said they were not consulted.

The minister stated that the committee was trying to fix a meeting for Thursday to find out exactly what happened and take it from there.

He assured Nigerians that the committee would soon come out with a statement before Nigerians to show the true position of things.

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