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

Tariff Hike: Protesters Discard NERC Chairman’s Appeal, Insist on Reversal

POSTED ON May 13, 2024 •   Politics      BY Benedicta Bassey
Labour Protesting against Electricity tariff hike on Monday/Photo credit: punchng.com

Protesters under the umbrella of the Organised Labour on Monday rejected the appeal by the Chairman of the Nigerian Electricity Commission, Sanusi Garba, to halt the planned protest on tariff hike in the country.

Garba, while addressing the protesters at the NERC headquarters in Abuja, noted that the commission would go back to the drawing board as regards some of the demands listed by the organised labour.

According to Garba, “On behalf of the NERC, I want to welcome the comrades who have come here on a peaceful demonstration. We have taken note of all you have said, particularly about the affordability of tariffs. We have listened to you and the concerns of Nigerians.

“We also noted clearly what comrade Ajaero said about energy sources, and I would like to say that the new Zungeru power plant is already online, generating over 600 megawatts. we are also working hard to ramp up solar generation in such a way that tariff will start to come down.

“Comrade Ajaero also made remarks about banks sitting on the boards of distribution companies. The NERC had earlier given deadlines to all the banks to exit from the boards of distribution companies because we want proper investors on the boards of these companies.We have noted your concerns and we will go back to the drawing board.”

However, protesters rejected the plea and began chanting, “No, No, reverse the hike, we demand total reversal of electricity tariff hike!!!.”

The NERC announced the hike in the electricity tariff for Band A customers at a press briefing in Abuja on April 3, revealing that those affected would pay N225 per kilowatt-hour, up from the previous rate of N68/kWh. The hike represented a 240 per cent increase.

The development marked the removal of subsidy from the tariff of customers in the Band A category, who constituted about 15 per cent of the total 12.82 million power consumers across the country.
Based on the tariff hike, the Federal Government said it would save N1.5tn.

The government stated that the decision took effect on April 3, 2024, adding that Band A customers would enjoy up to 20 hours of power supply daily.

However, the House of Representatives, organised labour, the Nigerian Bar Association, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, electricity consumers and civil society organisations, demanded a reversal of the hike to the subsidy era tariff.

The House called on the NERC to suspend forthwith the implementation of the new electricity tariff nationwide.

READ ALSO
Rivers sole administrator unveils 2025 budget amid protests against emergency rule
BY Abiodun Saheed Omodara April 4, 2025 0

The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas, has announced plans for a new bu...

READ ALSO
Kano praises Emir Sanusi II’s leadership qualities in reinstatement ceremony
BY Abiodun Saheed Omodara April 2, 2025 0

KANO, Nigeria - Governor Abba Kabir Yusuf has stated that his government reinstated Khalifa Muhammad...

READ ALSO
APC caution Cross River members against unauthorize legal suits
BY Abiodun Saheed Omodara April 1, 2025 0

RIVERS, Nigeria - The cross Rivers chapter of the All Progressives Congress has wa...

READ ALSO
SERAP urges withdrawal of bill targeting Non-Voters in Nigeria
BY Abiodun Saheed Omodara March 31, 2025 0

The Socio-Economic Rights and Accountability Project (SERAP) has appealed to Senate President Godswi...

READ ALSO
Amid doubts and challenges,Tinubu celebrates 73rd birthday with gratitude to Nigerians
BY Abiodun Saheed Omodara March 30, 2025 0

President Bola Tinubu shared that he nearly abandoned his presidential ambitions for 2023 due to a m...

READ ALSO
Senate set to prioritize Tinubu’s Tax Reform Bills after recess
BY Abiodun Saheed Omodara March 30, 2025 0

The Senate is poised to prioritize the evaluation and approval of President Bola Tinubu’s tax...

READ ALSO
Proposed Age Limit Sparks Outcry Among Political Parties
BY Suleiman Jimoh March 28, 2025 0

In a move that has ignited widespread criticism and debate, Nigeria's House of Representatives recen...

READ ALSO
Nigeria, Canada forge new Aviation ties with bilateral Air services agreement
BY Abiodun Saheed Omodara March 26, 2025 0

ABUJA, Nigeria - In a notable achievement for the aviation sector, the Minister of Aviation and Aero...

OUR CHANNELS:

Ogun police respond to rising attacks at Sagamu interchange
BY Abiodun Saheed Omodara April 5, 2025 0

There are worries regarding the attacks and killings by hoodlums targeting commuters traveling to Ab...


Rwanda match takes precedence as Super Eagles eye world cup qualification
BY Abiodun Saheed Omodara April 5, 2025 0

Super Eagles Coach, Eric Chelle, has indicated that his team will place greater emphasis on the upco...


LASU celebrates 28th convocation with Over 11,000 graduates, honors distinguished Nigerians
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, Nigeria - Lagos State University (LASU) announced on Thursday that it will be graduating no l...


Federal high court orders forfeiture of $20,000 from traveler for customs violation
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, Nigeria - A Federal High Court in Lagos has mandated the forfeiture of $20,000 seized by the...


German eye Nigeria's mineral wealth as foreign direct investments surge
BY Abiodun Saheed Omodara April 5, 2025 0

Ongoing initiatives to draw in Foreign Direct Investments (FDIs) seem to be bearing fruit, as certai...


Lagos faces severe traffic chaos as Independence Bridge repairs begin after Sallah holiday
BY Abiodun Saheed Omodara April 3, 2025 0

LAGOS, NIGERIA - Lagos residents faced a challenging situation yesterday as they returned to work fo...


FG signs $174.6M agreement with UNIDO to enhance Nigeria's industry
BY Abiodun Saheed Omodara April 3, 2025 0

The Federal Government and the United Nations Industrial Development Organisation (UNIDO) have enter...


U.S. shows highest anxiety over AI Job loss amidst technological advancements
BY Abiodun Saheed Omodara April 3, 2025 0

Despite its advanced status, research indicates that the United States of America (USA) has the high...


Bayelsa communities threaten to halt oil production over security contract dispute
BY Abiodun Saheed Omodara April 3, 2025 0

BAYELSA, Nigeria - Nigeria’s struggling oil output may be on the brink of another crisis as co...


NITDA Partners Afrovision technologies to bridge job gap for Nigeria’s Tech Talent
BY Abiodun Saheed Omodara April 3, 2025 0

In an effort to tackle the ongoing challenge of job placement for Nigeria’s expanding tech tal...


More Articles

Load more...

Menu