electricity tariff hike
23 Dec
Electricity subsidy gulped N1.4 trillion in the first, second, and third quarters of 2024 despite a tariff increase, according to the National Electricity Regulatory Commission (NERC). The NERC revealed this in its third-quarter report. According to the NERC, the government covered the gap between the cost-reflective and allowed tariff in the form of tariff subsidies.…
11 Oct
A federal High Court in Lagos has struck out the case filed by the Manufacturers Association of Nigeria (MAN) against the 11 distribution companies (DisCos) for hiking electricity tariff for Band A customers.
1 Aug
The Equity International Initiative and Citizens Coalition Against Corruption, two of the groups leading the ”End Bad Governance” have called on President Bola Tinubu to reverse the electricity tariff hike and restore fuel subsidy. The group made the call on Thursday in Jos, while briefing newsmen on the ongoing ten-day protests across the country. The…
12 Jun 2024
Electricity Distribution Companies (DisCos), yesterday, said they are not charity organisations and cannot continue to provide electricity to consumers at a non-profitable rate.
1 May 2024
House of Representatives, Ikeja Branch of the Nigerian Bar Association of Nigeria (NBA), rights activist, Femi Falana (SAN) and Human Rights Writers Association of Nigeria (HURIWA) have condemned the recent energy hike by the Nigerian Electricity Regulatory Commission (NERC).
18 Apr 2024
The Organised Private Sector (OPSN), comprising top Business Membership Organisations (BMOs), has warned that over 65 per cent of private businesses, especially manufacturing concerns and SMEs, may be forced to close down due to the over 200 per cent hike in electricity tariff. The BMOs, comprising the Manufacturers Association of Nigeria (MAN), National Association of…
9 Apr 2024
Tinubu Media Support Group (TMSG) has said the increase in electricity tariff is not targeted at ordinary consumers in the polity.
8 Apr 2024
In a bid to avert rowdy sessions that may result from growing tension in the National Assembly caused by a sudden 240 per cent hike in electricity tariff, a week extension of the Easter/Sallah holiday was approved for lawmakers, findings revealed.
8 Apr 2024
Amid growing opposition to the recent hike in electricity tariff, the Federal Competition and Consumer Protection Commission (FCCPC) has asked the Nigerian Electricity Regulatory Commission (NERC) to mandate distribution companies...
7 Apr 2024
The pan-Yoruba socio-cultural and political organisation, Afenifere, yesterday, decried the over 200 per cent electricity tariff increase, saying it would thwart the current administration’s effort at boosting the economy as businesses would shrink.
5 Apr 2024
Only time will tell whether the recent tariff hike announced by the Nigerian Electricity Regulatory Commission (NERC) has come to stay or rather test the resolve of the citizenry.
21 Feb 2024
The National President of the Association for Public Policy Analysis (APPA-Nigeria), Princewill Okorie, said the attention of the players in the Nigerian electricity sector should be on improving the quality of service in the market, not on tariff hikes.