According to SERAP, millions of Nigerians continue to live in darkness despite the spending by successive governments of trillions of naira as investments and bailouts to electricity companies.
SERAP therefore urged the President to ensure the investigation of the spending of public funds as investments and bailouts by successive governments to electricity distribution companies and generating companies since 2005.
Following reported approval by the Nigerian Electricity Regulatory Commission, electricity tariffs were increased across DisCos in the country in December 2022.
But the Ministry of Power and NERC have refused to confirm or deny the increase.
