The minister said that the overhaul of the DisCos was also aimed to demonstrate a replicable model for operational turnaround.
The labour unions spoke on Monday during a protest at the Enugu Electricity Distribution Company (EEDC) office over the Band A tariff hike.
The Senate has urged President Bola Tinubu’s government to stop its planned electricity tariff increase via the planned withdrawal of electricity subsidy.
He urged the Nigerian Electricity Regulatory Commission (NERC) to consider the plight of electricity consumers in the country.
The massive funding comes against the backdrop of persistent poor power delivery to many homes and industrial sectors in Nigeria.
The upward tariff review is for all customer categories and will be effective from February 2022.
“We have had occasions when some transformers that were installed in the days of (the) Power Holding Company of Nigeria (PHCN) caused electrocution…”
The group says there will be protests or legal action against NERC and DisCos if there is an increase in October.
The Nigerian Electricity Regulatory Commission (NERC) plans to fine electricity distribution companies (DisCos) for wrongfully disconnecting customers’ electricity supply.
Electricity tariffs have been increased five times since 2015; the latest being on January 1.
