Would you like to receive notifications on latest updates of the following headlines?

NLC, TUC give NERC May 12 Deadline to Reverse Hike in Electricity Tariff

POSTED ON May 7, 2024 •   BUSINESS      BY Abiodun Saheed Omodara
NERC logo l Credit: NERC l Source: Filephoto

The Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have jointly issued an ultimatum to the Nigerian Electricity Regulatory Commission (NERC).

 They have demanded that NERC withdraw the recent increase in electricity tariffs by May 12, 2024, or be prepared to face unprecedented industrial action.

In a letter addressed to the Chairman/Chief Executive Officer of NERC, dated May 3, 2024, and copied to the Secretary to the Government of the Federation, the Ministers of Labour and Power, and the electricity distribution companies (DisCos), the Presidents of NLC and TUC expressed their strong opposition to the significant hike in electricity tariffs.

They emphasized that this decision not only lacks moral justification given the current challenges faced by Nigerians but also disregards fundamental principles and statutory obligations.

The letter further emphasized that NERC, as the regulator of the electricity sector, must fully understand the weight of its responsibilities.

The role of NERC in regulating electricity tariffs is clearly outlined in the statutes governing the commission, and any actions that exploit the masses and workers will not be tolerated.

The recent increase in tariffs, which the Commission has approved, clearly shows that it has neglected its responsibility and abandoned the people it was supposed to protect in favor of the powerful players in the electricity industry.

We are disappointed that NERC has become complicit in creating an unfair pricing system that harms Nigerian workers and citizens.

The laws establishing the commission require it to act as an impartial mediator in the electricity industry. Unfortunately, it has instead worked with the Distribution Companies (DisCos) and Generating Companies (GenCos) to support their unfair business practices.

The announced tariff hike not only goes against the legal procedure but also violates the rights of Nigerian citizens. It is an abuse of power and a betrayal of the trust placed in the commission by the Nigerian people. Such actions will not be accepted, and we refuse to consider them as the new normal.

READ ALSO
NOGASA Warns of Nationwide Disruptions as Dangote Refinery Plans Direct Supply to Consumers
BY Abiodun Saheed Omodara August 1, 2025 0

The Natural Oil and Gas Suppliers Association of Nigeria has issued a warning regarding the Dangote...

READ ALSO
NBS Reports Surge in Cooking Gas and Kerosene Prices across Nigeria
BY Abiodun Saheed Omodara July 31, 2025 0

The National Bureau of Statistics (NBS) has announced a rise in the average costs of cooking gas and...

READ ALSO
FG to Raise N796bn Annually from New 5% Petrol Surcharge
BY Abiodun Saheed Omodara July 31, 2025 0

The Federal Government is expected to generate N796bn annually from the implementation of a five per...

READ ALSO
Business Owners in Abuja Raise Alarm over Rising Operational Costs and Falling Sales
BY Abiodun Saheed Omodara July 30, 2025 0

Business owners in the Federal Capital Territory have voiced their worries about the escalating cost...

READ ALSO
33 African Startups Cease Operations in 30 Months Amid Shift to Sustainability
BY Abiodun Saheed Omodara July 30, 2025 0

In the last 30 months, from January 2023 to mid-2025, approximately 33 startups in Africa ceased ope...

READ ALSO
Nigerian Financial Institutions Urged to Adopt Real-Time Tools to Combat Rising Fraud
BY Abiodun Saheed Omodara July 30, 2025 0

Financial institutions in Nigeria and throughout Africa have been encouraged to implement real-time...

READ ALSO
NDLEA Conducts Public Auction of Properties Linked to Drug Trafficking
BY Abiodun Saheed Omodara July 30, 2025 0

The National Drug Law Enforcement Agency (NDLEA) held a public auction yesterday for houses that wer...

READ ALSO
FG Plans Re-Privatization of Power Discos Amidst Legislative Changes
BY Abiodun Saheed Omodara July 29, 2025 0

The Federal Government may proceed with the sale of 11 power distribution companies through a re-pri...

OUR CHANNELS:

NBS Reports Surge in Cooking Gas and Kerosene Prices across Nigeria
BY Abiodun Saheed Omodara August 1, 2025 0

The National Bureau of Statistics (NBS) has announced a rise in the average costs of cooking gas and...


FG Pledges to End Tertiary Education Strikes, Launches Diaspora Bridge Initiative
BY Abiodun Saheed Omodara August 1, 2025 0

The Minister of Education, Dr. Tunji Alausa, stated that the Federal Government, led by President Bo...


Two Convicted of Poisoning Katsina Commissioner
BY Abiodun Saheed Omodara August 1, 2025 0

A Katsina High Court has condemned two ex-domestic workers to death by hanging for the murder of Rab...


Former Super Falcons Star Calls out FG for Neglecting Women’s Football Pioneers
BY Abiodun Saheed Omodara July 31, 2025 0

Patience Avre Odeli, a former striker for the Super Falcons, has accused past Nigerian governments a...


Super Eagles B Gear Up for Final Friendly Against Zanzibar Ahead of CHAN 2024
BY Abiodun Saheed Omodara August 1, 2025 0

The Super Eagles B are set to play the Zanzibar national team today in their second and final friend...


FG to Raise N796bn Annually from New 5% Petrol Surcharge
BY Abiodun Saheed Omodara August 1, 2025 0

The Federal Government is expected to generate N796bn annually from the implementation of a five per...


No Defection Required: ADC Grants Peter Obi and El-Rufai Freedom to Stay with Current Parties
BY Abiodun Saheed Omodara August 1, 2025 0

The newly established African Democratic Congress (ADC) has announced that the Labour Party's presid...


22 Lives Lost Amid Protests Against Fuel Price Hike in Angola
BY Abiodun Saheed Omodara August 1, 2025 0

Two days of violence and looting in Angola during a demonstration against a fuel price increase resu...


Joint US-India Space Mission: NISAR Satellite to Predict Natural Disasters
BY Abiodun Saheed Omodara July 31, 2025 0

A powerful new radar satellite, developed in collaboration between the United States and India, was...


Business Owners in Abuja Raise Alarm over Rising Operational Costs and Falling Sales
BY Abiodun Saheed Omodara August 1, 2025 0

Business owners in the Federal Capital Territory have voiced their worries about the escalating cost...


More Articles

Load more...

Menu