By Alex Okoro

OrderPaperToday – Chairman of Nigerian Electricity Regulatory Commission (NERC), Mr. Sam Amadi Tuesday refused to disclose his income before a Committee of the House of Representatives.

He also denied that the commission has no plans to pay N2.7billion severance package to its board members as reported in the media recently.

--Sponsored Content --

At the House Committee on Power’s investigative hearing on the activities of electricity Distribution Companies (DISCO) in Nigeria as it relates to infrastructure and billing Amadi bluntly declined to tell how much he earns as chairman.

According to Amadi, “we do not approve to pay ourselves N2.7billion as reported. It’s libelous”.

The Committee frowned at the upward review of salary of the commission and requested that the NERC chairman, Amadi disclose his actual salary.

The lawmakers said based on NERC’s documents, there was a severance package approved in 2006, while another one was approved on August 15, 2014 which skyrocketed the amount.

They observed that although the 2006 approval was 300 percent of annual earnings, the amendment of 2014 was 100 percent of gross income. The lawmakers demanded for the communication between NERC and salaries commission, but there was none.

It would be recalled that on November 19, 2015 the House Committee on Power had scheduled a meeting at which NERC was expected to tender relevant documents to assist the Committee in its investigative hearing.

Earlier at the hearing, Speaker of the House, Yakubu Dogara lamented the poor achievement of the Power sector since 1999.

Dogara who was represented by Deputy Speaker Yusuf Lasun said even as over N2.7trillion was spent since 1999 till date no achievement has so far been made in the sector.

He therefore advised that the hearing be seen as a way of ensuring probity and accountability.

Sponsored

LEAVE A REPLY

Please enter your comment!
Please enter your name here