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The House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) and distribution companies (DISCOs) to reverse the recent tariff hike for Band A customers. This decision follows a report from the House Committee on Power, which argues that the new rate of N225 per kilowatt is unaffordable for many Nigerians. The committee has also called for an investigation into the hike.
The resolution to revert to the previous tariff structure was adopted unanimously by the House. This move aims to alleviate financial pressure on consumers facing increased electricity costs.
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