Home Skytrend Consulting Blog Electricity tariff hike will impoverish Nigerians — NLC, MAN, others kick

Electricity tariff hike will impoverish Nigerians — NLC, MAN, others kick

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Electricity tariff hike will impoverish Nigerians — NLC, MAN, others kick

Electricity tariff hike will impoverish Nigerians — NLC, MAN, others kick

Electricity consumers, labour unions and key stakeholders in the economy on Tuesday kicked against increase in electricity tariff implemented by power distribution companies across the country on Tuesday.

The Nigeria Labour Congress which was quoted by Punch Newspaper as saying it will resist the increase, while the Manufacturers Association of Nigeria adds that the hike could precipitate recession in the third quarter of the year.

The NLC said the hike would further impoverish Nigerians.

The congress argued that the implementation of the new tariff on Tuesday was despite the resolution of the Senate and the direct orders of the President, Major General Muhammadu Buhari (retd), that the decision by the electricity distribution companies on tariff should be suspended until further notice.

NERC and the Discos had said that the new service reflective tariff took effect from September 1 (Tuesday).

The Discos said on Tuesday that electricity customers, except those receiving less than 12 hours of supply, would have to pay more.

With the review, the tariffs being charged residential consumers receiving a minimum of 12 hours of power supply has increased by over 70%.




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