…seeks reversal of electricity tariff hike amid ‘rising poverty’
The Socio-Economic Rights and Accountability Project has urged the President, Major General Muhammadu Buhari (retd.), to “direct the Minister of Power, Goddy Jedy-Agba and the Chairman/Chief Executive Officer, Nigerian Electricity Regulatory Commission, Professor James Momoh, to immediately reverse the unlawful, unjust and unreasonable increase in electricity tariff, which reportedly occurred in December 2022.”
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.
SERAP therefore urged the President to “ensure the investigation of the spending of public funds as ‘investments and bailouts’ by successive governments to electricity distribution companies and generating companies since 2005, and prosecution of cases of corruption and mismanagement.”
