NLC, MAN, others kick as almost 100% Electricity tariff hike takes effect
Electricity consumers, labour unions and key stakeholders in the economy on Tuesday kicked against almost 100% 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%.
For Ikeja Electric, a residential customer on single phase receiving a minimum of 12 hours of supply will now pay N42.73 per kilowatt-hour, up from N21.30 per kWh.
For Eko Electricity Distribution Company, a residential customer on single-phase receiving a minimum of 12 hours of supply will now pay N43.01 per kWh, up from N24 per kWh.
For Abuja Electricity Distribution Company, a residential customer on single-phase receiving between 12 to 16 hours of supply will now be charged N45.69 per kWh, up from N24.30 per kWh.
Kaduna Electric announced on Twitter on Monday night that residential customer on single-phase receiving between 12 and 16 hours will be charged N50.10 per kWh, compared to the old tariff of N26.37 per kWh.
Add 0802 030 1137 to receive SKYTREND NEWS alerts on whatsApp;
For adverts enquiries, call or whatsapp 0808 360 9209,
Send Articles & News Stories To email@example.com.
READ ALSO! Is N-Power Truly Empowering Nigerian Youths?