Small Business Owners and civil society organisations, NGOs, have said there is no justification for the proposed further hike in electricity tariffs, following disclosure by the federal government, yesterday, that it is considering increasing tariffs for customers outside the Band-A category to improve the liquidity of the Nigerian Electricit...
The federal government says plans are ongoing to increase electricity tariffs “over the next few months”. It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa H...
As Nigerian express anger over the proposed hike in electricity tariff, Civil Society Organisations under the umbrella of Forum for Good Governance in Nigeria(FGGN) said it has concluded arrangements to embark on a protest tomorrow against the Minister of Power, Mr Adebayo Adelabu for insisting on electricity tariff hike, despite economic hard...
The presidents of the Nigeria Labour Congress and Trade Union Congress, Joe Ajaero and Festus Osifo, while presenting a joint address at the May Day celebration in Abuja, on Wednesday, urged the federal government to also enthrone service reflective tariff and stoppage of segregation of customers. In the 18-item demands presented by the labour...
In a bold stance against what it terms exploitative and anti-people policies, the Ikeja Branch of the Nigerian Bar Association (NBA) has issued a seven-day ultimatum to the federal government to reverse the hike of electricity bill or face a lawsuit. The move comes amidst widespread public outcry over the drastic increase in electricity costs,...
•Tinubu Strong reactions have trailed comments by the Minister of Power, Adebayo Adelabu, that there would be a total blackout in the country in the next three months if the proposed electricity tariff hike is not implemented. Adelabu said this when he appeared before the Senate Committee on Power, which is investigating electricity tariff hik...
•Falana, SAN Human rights lawyer, Femi Falana, has accused the federal government of pandering to the whims and caprices of the International Monetary Fund (IMF) and the World Bank following a hike in electricity tariff. Falana claimed that the move is a policy imposed on the Nigerian government by the Bretton Wood institutions. “The Honourabl...
The Organised Private Sector of Nigeria (OPSN) has lamented the over 200 per cent increase in electricity tariff, saying over 65 per cent of private businesses, especially manufacturing firms and SMEs, may be forced to shutdown due to the high electricity tariff. Director General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-K...
Barely one week after the new tariff regime which increased electricity tariff by 231 percent for category A consumers, there are indications that the electricity supply capacity is grossly inadequate to meet the 20 hours per day minimum benchmark for the new tariff while accommodating other category of consumers. The 11 Electricity Distributi...
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