Universities in the country are groaning under the yoke of high tariffs thrust on them by electricity distribution companies, DISCOs, which may see the 10 with the highest budgets spending over N75 billion on electricity this year. The 10 universities have a combined budget of N247.6 billion for 2024, reports Vanguard. Checks by our correspond...
The Nigeria Labour Congress, Trade Union Congress, and Organised Private Sector, yesterday faulted the latest hike in the electricity tariff payable by customers in the Band A Category. Following the depreciation of the naira against the United States dollar, and inflation, among other factors, the Nigerian Electricity Regulatory Commission ag...
Kaduna and Ibadan Electricity Distribution Company Plc have announced an upward review of the electricity tariff for Band A customers. The Acting Managing Director, IBEDC, Francis Agoha, stated that the Nigerian Electricity Regulatory Commission has approved the tariff increase from N206.80/kWh to N209.50/kWh for users in the category. Accordi...
The Guild of Medical Directors of Nigeria has raised the alarm that the hike in electricity tariff is choking private hospitals with some of them closing shop. The Guild disclosed that no fewer than eight private hospitals in Maiduguri, the Borno State capital, recently shut down over the high cost of electricity supply and insecurity, [&helli...
•Governor Inuwa Yahaya The Gombe State Government has suspended the village head of Garin Majidadi in Akko Local Government Area, Mohammed Majidadi, over alleged theft. It also suspended the Councillor representing Kumo East Ward, Abdullahi M. Panda, reports Channels TV. Announcing this in a statement yesterday, the Secretary to the State Gove...
The federal government, through The Nigerian Electricity Regulatory Commission, NERC, today, approved N21 billion for electricity distribution companies, DisCos, to procure meters for customers. The amount which will come from the Meter Acquisition Fund, MAF, would enable the utilities to address the huge metering gap in the Nigerian Electrici...
A federal high court in Kano has granted an interim order restraining the National Electricity Regulatory Commission (NERC) from implementing a hike in electricity tariff for Band A customers in the state. The court directed Kano Electricity Distribution Plc to discontinue the implementation of tariff increased from N76.54/Kwh to N225/Kwh, rep...
•Senate Minister of Power, Adebayo Adelabu, has revealed that Nigeria would need an annual $10 million to revive the country’s moribund electricity generation, distribution and supply chain. This is even as senators rejected the recent hike in electricity tariff, describing it as unacceptable and anti-people, reports Daily Sun. The Minister sa...
The Minister of Power, Adebayo Adelabu, has assured that any customer not currently enjoying 20 hours of electricity would not pay the new tariff. The minister stated this today while appearing before the Senate Committee on Power, for a one-day investigative hearing on the need to halt the proposed increase in electricity tariff by eleven [&h...
•Electricity tariff hike As controversies continue to trail the federal government’s recent removal of electricity subsidy for over 1.8million customers categorised to be on Band A feeders, members of the Organised Private Sector has insisted that the hike must be suspended for review. As such, plans are to meet President Bola Tinubu on the ma...
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