May 24, 2024

The Senate has concluded arrangements to summon Fashola to address concerns raised by DISCOs, over electricity pricing.

 

According to the Senate, the meeting with Fashola has become very imperative as the Senate Committee on Power, Steel Development and Metallurgy is seeking ways of addressing the contentious issue of electricity tariff.

 

It also noted that fluctuations in pricing was affecting the power sector.

 

Disclosing this, yesterday, during a tour of Power installations under the Port Harcourt Electricity Distribution Company, PHEDC, in Port Harcourt,Abaribe told officials of PHEDC that his committee was out to resolve the question of differentials between the money payable to generation companies and other stakeholders by the DISCOs.

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