‘It Leads To More Inflation,’ NLC Demands Reversal Of Electricity Tariff Hike

The Nigeria Labour Congress ,NLC, says electricity tariff hike pushes up inflation, insisting that the recent increase by the Nigerian Electricity Regulatory Commission ,NERC, and distribution companies in the country must be immediately reversed.

Afinju FM
1 Min Read

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On April 3, 2024, NERC raised electricity tariff for customers enjoying 20 hours power supply daily. Customers in this category are said to be under the Band A classification. The increase saw the customers paying N225 kilowatt per hour from the current N66, a development that has been heavily criticized by many Nigerians, considering the immediacy of the tariff hike and the current hardship in the land.
Following the outrage, NERC asked discos to cut down electricity tariff rate by 8.1% for customers under Band A category. The outrage, however, persisted with many Nigerians rejecting the reduction and demanding a total reversal of the tariff hike. The NLC and the Trade Union Congress ,TUC, subsequently picketed NERC offices and discos on Monday to press home their demands.
The Organized Labour has maintained that Nigerians cannot be subjected to more hardship with fresh electricity tariff hike when cost of living has gone through the roof. Labour also insisted that the President Bola Tinubu administration must approve ₦615,000 as the new living wage, away from the ₦30,000, described as grossly insufficient.

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