Electricity Tariff Hike

Electricity: Business owners, CSOs kick as FG plans another tariff hike

Electricity: Business owners, CSOs kick as FG plans another tariff hike

“We are going to look at the tariff and see how we can improve on our modest achievement of last year. Not only to ensure that we grow the sector revenue, but to also ensure that we are able to invest more in revamping dilapidated infrastructure, so that the infrastructure carries the kind of reliable electricity that we envisage for the sector. We will look at it.”
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NERC admits rates adjustment to N4 per Kwh

NERC admits rates adjustment to N4 per Kwh

Denies 50% increase By Chris Ochayi – Abuja The Nigerian Electricity Regulatory Commission, NERC, has admitted that it effected a hike in electricity tariff for some service Bands in order to reflect the partial impact of inflation and movement in foreign exchange rates. The Commission in a statement issued on Tuesday, quoted that management as […]

Petrol, electricity tariff hike: FG not prepared for honest dialogue – Labour

Petrol, electricity tariff hike: FG not prepared for honest dialogue – Labour

By Johnbosco Agbakwuru THE Organized labour Monday accused the Federal Government of not being prepared for a sincere and honest dialogue in finding a lasting solution to the petroleum price increase and electricity tariffs. The organised labour also accused the government of violating the understanding reached by the two parties before the planned September strike […]

Electricity Tariff Hike: Hospitality industry under pressure to lay off workers

Electricity Tariff Hike: Hospitality industry under pressure to lay off workers

Rejects tariff increase, calls on FG to rescind decision By Gabriel Ewepu – Abuja As electricity tariff hike plunges businesses to total collapse, the Nigerian hospitality and tourism industry is under pressure to lay off millions of workers as they are unable to pay heavy bills under the new tariffs. This was made known in […]