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…

Tinubu Media Support Group (TMSG) has said the increase in electricity tariff is not targeted at ordinary consumers in the polity.

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.

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...

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. 

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.

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. 

A chieftain of the All Progressives Congress (APC) in Osun State, Olatunbosun Oyintiloye, has said that the directive of President Bola Tinubu on the stoppage of implementation of hike in electricity tariff is commendable. Oyintiloye, while speaking with newsmen, yesterday, in Osogbo, said that the directive was a true reflection that the President was sensitive…

President Bola Tinubu has decided to halt the implementation of a proposed hike in the electricity tariff, opting instead to continue subsidising power consumption nationwide.

House of Representatives has faulted ongoing moves by distribution companies (DisCos) to hike electricity tariff in the country.

There is apprehension in the country over the planned introduction of a new electricity tariff regime, which is expected to take off today.