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    ALMOND 94.3 FM Ibadan

News

NIGERIANS REJECTS ELECTRICITY TARIFF CUT

todayMay 7, 2024 16

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Nigerians has rejected  the reduction of the tariff payable by Band A customers made by Nigerian Electricity Regulatory Commission’s from N225/kWh to N206.8/kWh

The Nigeria Labour Congress, Trade Union Congress, Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture, electricity consumers and civil society organisations, in interviews with Newsmen, demanded a reversal of the hike to the subsidy era tariff.

The new tariff announced on Monday came 33 days after the NERC raised the electricity tariff for Band A customers from N68/kWh to N225/kWh, representing about a 240 per cent increase.

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

However,the House of Representatives called on the NERC to suspend forthwith the implementation of the new electricity tariff nationwide, while organised labour issued a two-week ultimatum demanding the reversal of the tariff hike.

The Minister of Power, Adebayo Adelabu defended the increase during an investigative hearing held by the Senate Committee on Power last week, insisting that there would be a nationwide blackout in the next three months if the increase in electricity tariff was not implemented.

Written by: Almond News

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