Tag: Electricity Tariff

NLC, TUC give NERC Sunday deadline to reverse electricity tariff hike

Aminu Imam
NLC TUC

Nigeria Labour Congress (NLC) and its Trade Union Congress of Nigeria (TUC) counterpart have given the Nigerian Electricity Regulatory Commission (NERC) till Sunday, May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action. The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO, dated May 3, 2024, and copied to the Secretary to the Government of the Federation, (SGF), the Ministers of Labour and Power and the electricity distribution companies, (DisCos), President of NLC and its TUC’s counterpart, Joe Ajaero and…

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FG slashes Band-A electricity tariff to N206.80/kwh

Aminu Imam
NERC

The Federal Government has approved a downward review of the electricity traffic for customers under Band-A, from N225/kWh to N206.80/kWh. This review of the electricity tariff against the stipulated N225/kWh announced by the Nigeria Electricity Regulations Commission, (NERC). According to the announcement, the downward tariff review of Band-A feeders became effective on May 6th, 2024, with guaranteed availability of 20-24hrs supply daily. The company also stated that the tariff for Bands-B, C, D, and E remains unchanged. Meanwhile, Ikeja Electric Distribution Company (IE), in a statement yesterday, stated; “Please be…

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“Work together to address fuel scarcity, high electricity tariff” – CNG tasks Presidency, NASS

Aminu Imam
CNG to Presidency NASS

The Coalition of Northern Groups (CNG) has tasked the Presidency and the National Assembly to work together to swiftly address the lingering fuel scarcity crisis and the recent rooftop electricity tariff in Nigeria, saying posterity would judge them in the end. According to an issued statement by the CNG National Coordinator Comrade Jamilu Aliyu Charanchi, the group said it is deeply concerned about the persistent and debilitating fuel scarcity that has plagued Nigeria recently, causing untold hardship to citizens across the country. The statement read in part: “We are outraged…

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Court stops NERC, KEDCO from implementing  new electricity tariff

Aminu Imam
Court stops ?

A Federal High Court in Kano has issued an order restraining the National Electricity Regulatory Commission (NERC) and the Kano Electricity Distribution Company, (KEDCO), from implementing the new electricity tariff for Band A consumers. The suit was filed by Super Sack Company Limited and BBY Sacks Limited. Others are Mama Sannu Industries Limited, Dala Foods Nigeria Limited, Tofa Textile Limited, and Manufacturers Association Of Nigeria Limited, (MAN). However, ruling on an ex-parte motion by Abubakar Mahmoud, counsel to the plaintiffs, the presiding judge, Abdullahi Liman, ordered  NERC and KEDCO from…

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Electricity: NLC, TUC condemn higher tariff for non-existent electricity

Aminu Imam
NLC TUC

The  Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC),  have appealed to the  Nigerian Electricity Regulatory Commission (NERC) and Power Sector operators,  to reverse the  increase in electricity tariff within  one week. President of  the  unions, Joe Ajaero and Fetus Osifo, made the call yesterday, in a joint speech to  mark the  2024 Workers’ Day in Abuja. The duo expressed dissatisfaction over epileptic power situation in the country which is affecting  economic growth of the country. According to them, it is imperative that any nation incapable of effectively…

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Electricity Tariff Hike: Senate summons NERC, Power Minister

Aminu Imam
Senate summons

The Senate Committee on Power has summoned the Minister of Power, Adebayo Adelabu, and the top echelon of the National Electricity Regulatory Commission, (NERC), to appear before it for investigative hearing on the recent electricity tariff hike in the country. The Chairman, Senate Committee on Power, Senator Enyinnaya Abaribe, disclosed this yesterday, during an oversight function of the committee and familiarisation tour to the Federal Ministry of Power, in Abuja. Abaribe said, “The Senate has already authorised an investigative hearing scheduled for the 29th of April, 2024. The major agencies…

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Electricity workers demand withdrawal of new tariff

Aminu Imam
created by photogrid

The National Union of Electricity Employees, (NUEE), has asked the federal government to withdrawal the new increase of tariff, saying it will push the price of goods upwards and affect the poor. Recall that the Nigerian Electricity Regulatory Commission, (NERC), had, on April 3, increased electricity tariff for customers enjoying 20 hours of power supply daily, who are said to be under the ‘Band-A’ classification. With the tariff increase, these customers are paying N225 kilowatt per hour from the current N66. In a letter to the Minister of Power, NUEE…

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‘N3.2tr subsidy required to reverse electricity tariff hike’- NERC

Aminu Imam
NERC on tariff

Chairman of the Nigeria Electricity Regulatory Commission, (NERC), Sanusi Garba, yesterday, said the Federal Government of Nigeria will need about N3.2trillion in 2024 to reverse the recent hike in electricity tariff. He added that if a total sectoral overhauling was not carried out, including fluctuation in foreign exchange, power supply in Nigeria would continue to pose a challenge. Speaking in Abuja, at a stakeholders’ meeting convened by the House of Representatives Committee on Power, Garba said that current investment in the sector, though commendable, was not good enough to guarantee…

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“Stop deceiving Nigerians, tariff hike ‘ll worsen economic woes” – Electricity workers tell FG

Aminu Imam
Electricity workers

Workers in the nation’s power sector have asked the Federal Government to stop deceiving Nigerians over the 300 percent hike in electricity tariff, and called for it reversal to avoid further socio-economic woes. While advising the Government to come clean on the hike and not be economical with the truth, they described the hike as nothing but another anti-people policy. Under the aegis of the National Union of Electricity Employees, (NUEE), the workers warned that if any of their colleague is attacked in the line of duty over the tariff…

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Tariff hike: ‘FG still subsidising electricity’ – Adelabu

Aminu Imam
Minister, Adelabu

Minister of Power, Adebayo Adelabu, has said the Federal Government is still paying subsidies on electricity despite the recent hike in tariff for Band-A customers. Speaking in an interview during a television programme  on Thursday, he explained that the Government has about N1.8 trillion to pay in electricity subsidy for 2024. According to him, “The Electricity Act, 2023 made provisions for the review of tariff twice a year”. He added that review of tariff is legal once it is within the exclusive responsibility of the Nigerian Electricity Regulatory Commission, (NERC),…

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