DAILY POST
Socio-Economic Rights and Accountability Project (SERAP) on Saturday called on President Muhammadu Buhari to instruct the Minister of Power, Goddy Jedy-Agba and the chairman of Nigerian Electricity Regulatory Commission (NERC), Prof. James Momoh to “urgently reverse the unlawful, unreasonable and unjust increase in electricity tariff in the country, which reportedly occurred in December 2022.”
SERAP also urged Buhari to “ensure the investigation of the spending of public funds as ‘investments and bailouts’ by successive governments to electricity distribution companies (DisCos) and generating companies (GenCos) since 2005.”
It also wants the President to ensure the prosecution of cases of corruption and mismanagement.
SERAP disclosed this in a letter at the weekend and signed by its deputy director, Kolawole Oluwadare.
The organization also said, “the increase in electricity tariff failed to follow due process. It’s entirely inconsistent and incompatible with the…
