Latest Headlines
House of Reps Probes Discos’ Activities
*Urges FG to declare Discos non-state actors
Juliet Akoje in Abuja.
The House of Representatives has mandated its committee on power to investigate the activities of the Distribution Companies (DISCOS) in Nigeria, with the intent to hold them accountable, safeguard consumer rights and examine the implementation of strict regulations governing the operations of Discos, to ensure transparency and fairness in dealings with consumers.
The House also urged the Federal Ministry of Power to declare Discos as non-state actors and take immediate measures to address their reckless actions, threatening the nation’s economy.
Consequently, the lawmakers also urged Discos to undergo recapitalization of not less than 500 billion Naira and only those with the required financial muscle that can provide maximum satisfaction to consumers are allowed the space to continue to operate.
These resolutions followed the adoption of a motion on the “Need to Address the Activities of Distribution Companies (DISCOS) in Nigeria,” moved by Hon. Ibrahim Ayokunle Isiaka at plenary on Wednesday.
Isiaka noted the activities of Distribution Companies (DISCOS) in the country and their recent actions which is posing a threat to economic stability and welfare of the Nigerian populace.
He said that Nigerian consumers paid for electricity meters installation but Discos are demanding additional payments for replacement of these metres under dubious pretenses, undermining consumer trust and exacerbating financial burdens.
He lamented that consumers are being coerced into paying for meters which they have earlier financed causing financial strain on households and businesses already facing economic challenges.
According to him, “The sabotage of economic development by Discos, where essential services are used against citizens intended to serve thereby, stifling growth and development. Despite constant regulatory oversight and demand for accountability by the Committee on Power from these companies, Discos remained recalcitrant in operating with impunity and disregard for consumer nights.
“Discos’ actions pose a significant threat to Nigeria’s economic stability and welfare of citizens.
“Cognizant of the need to stand against injustices and prioritize constituents’ needs and rights.”
The House however mandated its committee on power to activate public awareness campaigns and initiatives to educate consumers about their rights and the proper channels for addressing grievances related to electricity services and report within four weeks for further legislative action.