x

Labour kicks as FG hikes electricity tariff

Okechukwu Nnodim

The Federal Government cannot revert to the September 1, 2020 service reflective tariff that led to widespread outcry across the country, the Nigeria Labour Congress has said.

Deputy President, NLC, Joe Ajaero, who doubles as General Secretary, National Union of Electricity Employees, on Friday night, said a new tariff template had been agreed upon by government and labour unions.

Speaking with our correspondent, he said, “I’m not sure of any planned reversal to the old or increased tariff. The template has been touched after the first two weeks of our meeting on the tariff review.

“If you watch the new template for customers in bands A and B, there was a reduction of 10 per cent and 10.5 per cent, respectively. For those in Band C, there is a 31 per cent reduction.”

Ajaero added, “Those in bands D and E were not increased at all. Now, that is what we could do within the two weeks and we were given an extension of about two to three months to work on some other issues.”

He said the implementation of the reductions would have commenced in the past two weeks but, because of some adjustments, the Nigerian Electricity Regulatory Commission would have to commence it on a later date.

“NERC is not reverting to the tariff that led to the outcry. Rather, it would commence the implementation of these adjustments that were done pending when we are going to make further findings.

“So, they are going to revert to these adjustments that we have made and not the September 1, 2020 tariff hike, which they had approved earlier. The NERC chairman’s signature is on what we agreed to during our meeting,” Ajaero said.

On why parties at the meeting agreed to an extension of about three months for further findings, the NLC official said it was to settle other concerns in the power sector.

He said, “Why are we talking about two to three months to iron out issues? It is because of the issue of gas pricing. Gas produced in this country is being sold in dollars and they now compute tariff based on the price of gas in dollars.

Hot this week

Political Analysts Describe Maikaya as Nasarawa’s Emerging Consensus Bridge Ahead of 2027

As the political temperature in Nasarawa State gradually rises...

FULL TEXT: China releases white paper on arms control in new era

China’s State Council Information Office on Thursday released a...

NOA Affirms Commitment to Drive Public Support for New Tax Laws

By Joyce Remi-BabayejuThe National Orientation Agency (NOA) has affirmed...

Nigerian Army Troops Intercept Vehicle Carrying 276kg of Cannabis in Kogi

By Noah Ocheni, LokojaTroops of the 12 Brigade, Nigerian...

The Significance of Global Governance Initiative (GGI) for African Countries’ Development Path

By:-Li Chunguang, Beijing Foreign Studies University, PRC &-Sheriff Ghali...

Nigeria, China Set for Landmark Joint Film Projects — FG

Nigeria and China have begun work on a joint...

Nestoil: Lagos CP Dragged to Court for Alleged Contempt, Risks Imprisonment

The Lagos State Commissioner of Police, Mr. Olohundare Jimoh...

Zuma Film Festival: China Renews Commitment to Stronger Cultural Ties With Nigeria

China has renewed its pledge to strengthen cultural and...

Nigeria Strengthens Humanitarian and Social Protection Systems with Global Partners

By Israel Adamu, JosNigeria has deepened coordination with international...

NHRC Commends Kano Speaker Falgore for Consistent Quality Legislation

By Jabiru HassanThe National Human Rights Commission (NHRC) has...

Iwobi, Chukwueze Shine as Fulham Fall 5–4 to Manchester City in Nine-Goal Thriller

Nigerian stars Alex Iwobi and Samuel Chukwueze delivered electrifying...

Related Articles

Popular Categories

spot_imgspot_img