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The Oodua People’s Congress (OPC), has cautioned President Bola Tinubu not to allow the proposed increase in electricity tariffs by the Distribution Companies (DISCOs).
The OPC President, Mr Wasiu Afolabi, made the call in a statement signed by its General-Secretary, Mr Bunmi Fasehun, in Lagos on Sunday.
The News Agency of Nigeria (NAN) reports that the Federal Government on Friday disclosed that 11 successor electricity companies have applied for a review of their respective electricity tariffs.
The Nigeria Electricity Regulatory Commission (NERC) said the rate review is to incorporate changes in macroeconomic parameters and other factors affecting the quality of service, operations and sustainability of the companies.
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