Tag: Electricity Tariff

FG Impoverishment Policies: ‘73.3% of Nigerians reject electricity tariff hike, subsidy removal” – Poll

Aminu Imam
Nigerians reject tariff hike

73.3% of Nigerians have rejected the recent Federal Government’s electricity tariff hike, as well as its fuel subsidy removal, according to a recent poll. A recent poll by ‘BusinessDay’s April 2025 TalkExchange’ has revealed that most Nigerians are against the recent increase in electricity tariffs for high-usage consumers and the reduction of Government subsidies on electricity. The electricity tariff hike, with a 300% increase for Band-A customers, has sparked concern, as power remains unreliable.  The data reflects growing concerns over affordability, fairness, and the effectiveness of these reforms. Despite subsidy…

Read More

Electricity: Tariff hike looms, as power subsidy hits N181bn

Aminu Imam
Edited in Prisma app with Oleander

Electricity customers on Band-A feeders may face a tariff increase as the Federal Government’s electricity subsidy rose to N181.63bn in September, up from N102.30bn in May. Recall that the Federal Government had removed subsidies for Band-A customers in April, raising tariffs to N225 per kilowatt-hour, prompting public outcry. Despite a temporary reduction in tariffs, the subsidy continued to rise, driven mainly by foreign exchange rates and inflation. The Nigerian Electricity Regulatory Commission (NERC) has indicated that further tariff adjustments may be needed unless power generation costs drop. According to data…

Read More

SMEs, Radio stations workers protest high electricity tariff hike in Kano

Aminu Imam
Radio stations workers protest

…LibertyFM Kano may suspend broadcast by month’s end Workers of small-scale enterprises (SMEs) in Nasarawa local government area (LGA) of Kano State have staged a protest against electricity tariff hike, describing it as a threat to their jobs. A sources who spoke to newsmen yesterday, Liberty FM Kano may suspend its broadcast operations due to hike in electricity tarrif, erratic power supply and high price of diesel. According to them, many SMEs, Broadcasters were planning to shut down operations due to the hike in electricity tariff. A’isha Abdullahi, who spoke…

Read More

H/Reps. orders reversal of electricity tariff hike for Band-A customers

Aminu Imam
H'Reps orders reversal

The House of Representatives has directed the Nigeria Electricity Regulatory Commission (NERC) and Distribution Companies (DisCos) to immediately reverse the recent electricity tariff hike for Band-A customers. This directive was given yesterday, after the adoption of a report by the House Committee on Power. The report recommended a return to the old tariff, citing the inability of Nigerians to afford the new rate. Recall that the NERC had announced a tariff hike, which would have seen Band-A customers pay N225 per kilowatt. However, the House of Representatives has now resolved…

Read More

Electricity: DisCos hikes tariff again for Band-A consumers; blame high operational costs

Aminu Imam
DisCos tariff hike

…Customers to now pay N209.5/kwh from N206.80/kWh? Distribution Companies (DisCos) yesterday approved an increase in tariffs for better-off consumers who use the most power as mounting frustration plies over services and rising electricity bills. This is the second hike in electricity prices this year, placing a further strain on businesses and industries that rely heavily on power. Acting Managing Director, of Ibadan Electricity Distribution Company Plc, Francis Agoha, stated that the Nigerian Electricity Regulatory Commission (NERC) approved the tariff increase from N206.80/kWh to N209.50/kWh for users in the Band-A category.…

Read More

Electricity Tariff Hike: NLC expresses disappointment over FGssilence

Aminu Imam
Electricity Tariff Hike

The Nigeria Labour Congress, (NLC) has expressed disappointment at the Federal Governments lack of response to the April 3 electricity tariff increase. This sentiment was shared in an official statement issued after the NLCs National Executive Council meeting, during which they reportedly decided to postpone their indefinite strike for one week. Despite the Governments agreement to raise the minimum wage to a figure higher than N60,000 during a meeting with Organised Labour on Monday, there has been no mention of addressing the NLCs second demand, which is the reversal of…

Read More

Senate suspends move to stop electricity tariff hike

Aminu Imam
Senate approves

The Senate has suspended the consideration of a report recommending the suspension of the increase in electricity tariff by the National Electricity Regulatory Commission, (NERC), pending legal advice. The resolution was a sequel to a point of Order raised by the Chairman of the Senate Committee on Rules and Business, Titus Zam, during the plenary. The Deputy Senate President, Barau Jibrin, announced the resolution after a majority of the senators supported it through voice votes. Recall that in February, the Senate rejected the increase in the electricity tariff and directed…

Read More

Senate approves $500m loan for metering Nigerians

Aminu Imam
Senate approves

Says over 92m Nigerians yet to be metered The Senate has approved a $500 million loan request by the Federal Government to be used by the Bureau of Public Enterprises, (BPE), for metering Nigerians for the supply of electricity to their homes. According to the Ministry of Power, over 92 million Nigerians have yet to be metered. In another development, a Bill to establish the Federal Polytechnic Onueke, Ebonyi State in the South Eastern Nigeria, which was sponsored by Senator Kenneth Emeka Eze, has passed a second reading in the…

Read More

Electricity tariff hike: NLC, TUC picket DisCos offices nationwide

Aminu Imam
NLC TUC

…Says new tariff capable of destroying Nigeria’s economy Organised Labour, under the umbrella of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) yesterday stormed offices of electricity distribution companies (DisCos) and the Nigeria Electricity Regulatory Commission (NERC) nationwide to protest against the recent hike in electricity tariff. NLC President, Joe Ajaero, who led the protest at NERC s headquarters in Abuja, said Nigerians are currently wallowing in power poverty, given the abysmal low supply of electricity. Recall that the NLC, TUC and their affiliates, vowed to ground…

Read More

‘Why Tinubu must remove electricity subsidy’ IMF

Aminu Imam
IMF Asiwaju

The International Monetary Fund, (IMF), has advised the Nigerian Government to completely do away with electricity subsidy in order to free-up the much-needed funds for the development of the country. The global financial institution explained that it was imperative to halt subsidy on electricity in order to have funds for for development spending to strengthen Nigerias economy. The IMF advice to the President Bola Tinubus administration was contained in its latest report. The report evaluated the performance of Tinubu since he assumed office last year. According to the global financial…

Read More