Zesco had made an application to the Energy Regulation Board for a 90 per cent tariff increase.
The ERB had even started conducting public fora to receive submissions on the proposal.
However, President Lungu yesterday instructed energy minister Mathews Nkhuwa to inform Zesco and ERB to halt the process immediately.
“The Zambia National Farmers’ Union (ZNFU) would like, on behalf of all farmers in Zambia, to thank the President of the Republic of Zambia, Mr. Edgar Chagwa Lungu, for his intervention to suspend the proposed Zesco Tariffs increments. The Head of State’s decision is timely,” ZNFU has stated.
Farmers were extremely concerned with the proposed tariff increments, the farmers’ body has said, as this could have resulted into added costs of production, and especially the cost of producing irrigated crops such as cabbages, tomatoes, rape and wheat, among others.
“The increase in tariffs was going to have a knock-on effect on all major inputs and commodities and in turn lead to some farmers failing to produce and running out of business. As ZNFU, we are very grateful that after the meeting held during the Field Day in Choma/Kalomo on 2nd May 2019 where farmers complained over the issue of pending Zesco Tariff increments, Mr. President you listened to our cry and took a fatherly and decisive position on the matter,” stated ZNFU.
“We shall remain open for consultation as we together strive to grow our agriculture and economy. On behalf of all farmers in the country, we once again say, thank you Mr. President.”