A member of the All Progressives Congress (APC) National Working Committee (NWC), Nze Chidi Duru, has described the outrageous increase in electricity tariff as another example of state capture by the influential people behind Gencos and Discos.

Duru, the Deputy National Organising Secretary, claimed that they are actually the ones regulating the regulators, condemning the increase and expressing concerns over the guarantee put in place to ensure a possible 20 hours of power supply as announced.

In the statement he issued in Abuja on Friday, Duru suggested that stakeholders who are affected by the increase should have been consulted for their inputs on their expectations from the Discos in the face of the increase.

The statement titled; ‘Questions begging for answers over increase in power tariff’, read; “the questions begging for answers clearly indicate that this is another example of state capture by the influential people behind the Gencos and Discos who are actually the ones regulating the regulators.”

“Not many Nigerians will describe the power generating companies (Gencos) and Distribution Companies (Discos) as serving the purpose for which the ancient National Electricity Power Authority (NEPA) was unbundled and privatised.

“At the minimum, I suggest that even if it is only to serve the purpose of equity, stakeholders who are affected by this increase should be consulted for their inputs on their expectations from the Discos in the face of the increase,” Duru noted in the statement.(Courtesy, excluding headline, Daily Sun)