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...
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 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...
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