Reps recommend N500 million recapitalisation for discos

The House of Representatives has recommended a recapitalisation programme of not less than N500 million for electricity distribution companies in the country to remain operational.
The recommendation followed the adoption of a motion by Ibrahim Isiaka (APC-Ogun) at plenary on Wednesday in Abuja.
Moving the motion earlier, Mr Isiaka said that the activities of Discos COS in the country were posing a threat to the economic stability and welfare of Nigerians.
He said that consumers were being coerced into paying for meters that they had earlier financed, causing financial strain on households and businesses already facing economic challenges.
The rep said that when essential services were used against citizens who were intended to be served, it stifled growth and development, amounting to economic sabotage.
He said, “Despite constant regulatory oversight and demand for accountability by the Committee on Power from these companies, the discos remained recalcitrant in operating with impunity and disregard for consumer rights. The discos’ actions pose a significant threat to Nigeria’s economic stability and welfare of the citizens. There is need to stand against injustices and prioritise constituents’ needs and rights.’’
The House 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.
The lawmakers said that they should activate public awareness campaigns and initiatives to educate consumers about their rights and the proper channels for addressing grievances related to electricity services
In his ruling, the Speaker of the House, Tajudeen Abbas, mandated the Committee on Power to investigate the activities of discos with the intent to hold them accountable and safeguard consumer rights.
He said the committee should examine the implementation of the strict regulations governing the operations of discos to ensure transparency and fairness in dealings with consumers.
The Speaker directed the committee to report back to the House within four weeks for further legislative actions.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Agriculture
Agric ministry demands more vet clinics in Abia, warns against diseased meat consumption
FMLD urged the Abia government to establish additional veterinary clinics to complement the existing federal clinic, ensuring humans are not served diseased meat.

Rights
NLC urges coordinated reintegration for returning migrants
The Nigeria Labour Congress has urged a coordinated reintegration programme for Nigerians returning from abroad, especially those coming back from South Africa.

States
Umuahia: Angry aunt caught with knife in attempted murder of 12-year-old niece
The police command in Abia on Sunday arrested a woman, Gift Nwoko, residing at IBB Housing Estate in Umuahia, for the attempted murder of a girl, Chimamanda Ebo.

Sport
Kano Pillars resume training, target NPFL title
Kano Pillars FC on Monday resumed preparations for the 2026/2027 Nigeria Premier Football League season with their first training session at the Sani Abacha Stadium.

Anti-Corruption
Enugu govt bans traffic task force on highways over extortion, harassment
The Enugu State Ministry of Transport has banned all traffic task force operations on federal highways within the state, effective immediately.

Rights
IPI Nigeria secures release of journalist Stanley Ugagbe from police custody
The International Press Institute (IPI Nigeria) says Stanley Ugagbe, a journalist with Secret Reporters, has been released from police custody following its intervention.






