Labour Unions To Protest Electricity Tariff Hike With Nationwide Picketing

kpakpandofm
Read Time:1 Minute, 14 Second

The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have announced plans to picket the offices of the Nigerian Electricity Regulatory Commission (NERC) and distribution companies (DisCos) nationwide today, Monday, May 13, 2024, in response to the recent hike in electricity tariffs.
The move follows a Sunday deadline given to NERC to reverse the tariff increase, which was not met.

The tariff hike, which was approved by NERC, will see customers under the Band A category paying N225 per kilowatt hour, up from the existing N66. The increase has been met with stiff opposition, particularly in light of rising inflation and the removal of petroleum subsidy

Labour unions have accused NERC of colluding with distribution companies to impose oppressive electricity tariffs, and have given a 7-day ultimatum to reverse the hike. The unions have also threatened nationwide picketing if the tariff hike is not reversed.

The Federal Government has defended the move, citing the need to pay about N1.8 trillion in electricity subsidy in 2024 and the provision in the Electricity Act, 2023 for the review of tariffs twice yearly. However, the House of Representatives has asked NERC to suspend the implementation of the tariff hike.

The planned picketing action is part of a broader response to the tariff hike, which has drawn comments from various quarters, including human rights lawyer Femi Falana (SAN), who has claimed that the Federal Government is raising funds for the “cash-trapped” DisCoS with the tariff hike.

0 0
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleppy
Sleppy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Groups Sue Central Bank Of Nigeria Over The Cybersecurity Levy

The Socio-Economic Rights and Accountability Project (SERAP), BudgIT, and 136 concerned Nigerians have taken the Central Bank of Nigeria (CBN) to court over the controversial introduction of a 0.5% cybersecurity levy on certain bank transactions. They instituted a legal action initiated against the CBN, challenging the legality of its directive […]

Subscribe US Now

Free Shoutcast HostingRadio Stream Hosting