•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 plan by telecommunication operators in Nigeria to hike tariffs for data and voice calls appears not to have gone down well with Nigerians, warning that any move to further impoverish them would be resisted. The planned resistance is coming on the heels of a joint statement released yesterday, by the Association of Licensed Telecom [&hellip...
National Union of Electricity Employees (NUEE) has said the hike in electricity tariff is further exploitation of the masses who are already heavily burdened by the economic situation of the country. NUEE said the sensibility of the increase is begging for explanation, as there has not been any meaningful improvement since the privatisation of...
•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...
The federal government, yesterday, insisted on the 240 per cent hike in tariff payable by power consumers in the band ‘A’ category despite calls for its reversal. It also revealed that the subsidised power pricing regime would be for the short term, with a transition plan to achieve a full cost-reflective tariff within a period […]
•Electricity tariff Following the increase of electricity tariff for customers under Band A category of consumers, some Nigerians have expressed dissatisfaction over the haphazard implementation of the hike. They said customers that are not enjoying up to 20 hours had been lumped up with those enjoying the services, reports Daily Trust. The si...
•Tinubu The Northern Elders Forum (NEF) yesterday expressed concern and disappointment on the recent decision by President Bola Tinubu’s government over the increase in electricity tariff. It described the hike as a “reckless move” and a complete disregard for the well-being and welfare of the Nigerian people, reports Daily Trust. In a stateme...
•Power Lagos, Kano, and 10 other states have concluded plans to start generating power in their respective states in conformity with the Electricity Act 2023. It was gathered yesterday that some of these states had established their electricity market laws and were waiting for the approval of the Nigerian Electricity Regulatory Commission to h...
Two former federal lawmakers, Senator Andrew Uchendu and Honourable Dachung Bagos, have faulted the federal government’s reduction of electricity subsidy. They argued that the timing was wrong. The Nigerian Electricity Regulatory Commission (NERC) on Wednesday, announced an increment in electricity tariff for Band A customers. It explained tha...
The Peoples Redemption Party, PRP has condemned in very strong terms, the increase in the electricity tariff paid by Band A customers from N68/KWh to N225/kWh by the Nigerian Electricity Regulatory Commission, NERC, describing it as a cynically cruel blow on Nigerians, reports Vanguard. In a statement today by PRP Acting National Publicity Sec...