Tag: Electricity Tariff

SERAP issues 7 days notice to Buhari to reverse electricity tariff hike or face court action

Aminu Imam

Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to “direct the Minister of Power, Goddy Jedy-Agba and the Chairman/CEO, Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh, to immediately reverse the unlawful, unjust and unreasonable increase in electricity tariff, which reportedly occurred in December 2022”. SERAP also urged him to “ensure the investigation of the spending of public funds as ‘investments and bailouts’ by successive governments to electricity distribution companies (DisCos) and generating companies (GenCos) since 2005, and prosecution of cases of corruption and mismanagement”. Following reported…

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Federal Government approves fresh increase in electricity tariff

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC), has approved requests by some Electricity Distribution Companies (DisCos) to increase their tariff rates. The new approval took effect from January 1, 2022. However, the new rate is effective from February, 2022. According to the document: “This regulatory instrument shall be cited as Multi-Year Tariff Order (MYTO-2022) for Port Harcourt Electricity Distribution Company Plc, (PHED), NERC based the increase on the Performance Improvement Plans of the DisCos and indices such as gas price, inflation, exchange rate, US inflation rate and available generation capacity. The…

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Electricity: NERC to hike tariff every 6 months over falling value of naira

Aminu Imam

The Nigerian Electricity Regulatory Commission, (NERC) has revealed that electricity tariffs will now be increased every six months to adjust to foreign exchange and inflation requirements. This was disclosed by the NERC Chairman, Sanusi Garba, in Abuja on Wednesday, in response to concerns about rising electricity tariffs in the country. The Commission also added that the grid failure this week as a result of a trip-off caused by the conductor snap, which started from the 330 Kilo-Volt Ampree (KVA) from the Benin axis as well as vandalism of pipelines that…

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Consumers lament over silent increase in electricity tariff amidst fuel scarcity

Aminu Imam

Electricity consumers, on Thursday, kicked against the silent increase in the tariff payable by customers to power distribution companies for electricity consumed. They said it was worrisome that the government was allowing Discos to raise electricity tariffs amid fuel scarcity across the country. Adulterated fuel imported into the country about two weeks ago had led to fuel scarcity and long queues in filling stations across several States. It was gathered that the Nigerian Electricity Regulatory Commission, (NERC), had adjusted the tariffs payable to Discos, as some of the power firms…

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Electricity: Stakeholders question whether DisCos have quietly increased tariffs

Aminu Imam

Some electricity consumers across the country have decried the surreptitious rising cost of electricity reflecting on their bills. An electricity consumer on the Ikeja Electric (IE) platform in Lagos, Tayo Olatoye, obviously seething with anger, said he sent his son to purchase N3, 000 worth of electricity units from an IE vendor last Wednesday. However, upon loading the token, he was shocked at the number of units he got. According to him, “On January 16, I bought 66.6 units of electricity for N3, 000, but to my surprise, last Wednesday,…

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Planned electricity price, fuel hike: A decade after, ‘Occupy Nigeria’ protest set to return

Aminu Imam

An amalgam of civil society groups and political actors have vowed to shut down Nigeria again, as they did nearly ten years ago if the Federal Government goes ahead with its plan to increase fuel and electricity prices in 2022. Recall that in 2012, forces opposed to a fuel price hike by the administration of President Goodluck Jonathan shut the country down for almost two weeks, in an operation codenamed: ‘Occupy Nigeria.’ Leaders of the then protests which crippled the country, as opposition elements, are now senior operatives in the…

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Just In! FG increases prices of electricity meters

Aminu Imam

The Federal Government has raised the cost of both single-phase and three-phase electricity meters beginning from November 15, 2021. It announced this in a circular dated November 11, 2021, issued by the Nigerian Electricity Regulatory Commission, (NERC), and addressed to managing directors, all electricity distribution companies and all meter asset providers. The circular was entitled: ‘Review of the unit price of end-use meters under the Meter Asset Provider and National Mass Metering Regulations’. In the document, the regulator raised the price of a single-phase meter from the current cost of…

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Electricity tariff: NLC reiterates nationwide industrial action against FG’s increment plans

Aminu Imam

The Nigeria Labour Congress, (NLC), has reiterated its readiness to embark on a nationwide industrial action should the government at any time declare an increment in electricity tariff without fulfilling the terms of the agreements it reached with labour. The NLC also stated that it need not give the government another notice for industrial action as its August 30, 2021 notice on the matter was explicit. According to a press release issued and signed by the NLC President, Comrade Ayuba Wabba, and made available to newsmen, the mother labour union…

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Again, NLC warns FG against electricity tariff hike

Aminu Imam

The Nigeria Labour Congress, (NLC), has warned the Federal Government against flouting their agreement on electricity tariff increase. In a statement issued yesterday, in Abuja, the NLC president, Ayuba Wabba, said the FGN-labour committee on electricity had agreed on September 28, 2020, that power distribution companies should halt any increase in energy tariff till further notice. Wabba said the attention of the NLC has been drawn to a media report that the electricity tariff would rise by over a hundred percent with effect from January, 2022. ”The story was purportedly distilled from…

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Electricity tariff hike: Group to monitor October consumers’ bills to ensure no increment  

Aminu Imam

A group, the All Electricity Consumers Protection Forum, (AECPF), says it will monitor the bills of customers for the month of October to ensure that there is no increment by electricity Distribution Companies (DisCos). The group made this known in a letter to the Nigerian Electricity Regulatory Commission (NERC), yesterday, in Lagos. The letter, which was signed by its National Coordinator, Adeola Samuel-Ilori, said electricity consumer groups were vehemently against any form of increment in tariffs by the DisCos. Samuel-Ilori noted that the group would continue to maintain vigilance even…

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