Electricity Tariff: Can Nigerians Cope with Another Hike? by Rahma Oladosu   To say that the times are hard for many Nigerians is obvious. Still struggling to cope with the removal of the fuel subsidy, another policy review induced-hardship will soon be visited on them. This time...

CISLAC Condemns, Rejects FG’s 50% Electricity Hike     The Executive Director of Civil Society Legislative Advocacy Centre, CISLAC, Comrade Auwal Musa Rafsanjani has said that Nigerians are still recovering from the COVID-19 pandemic and the recent hike in electricity will increase the sufferings of Nigerians. Comrade Rafsanjani...

DisCos: We’ve Not Been Informed Of Tariff Hike Suspension         Power distribution companies said on Monday that they had not received any directive from the Nigerian Electricity Regulatory Commission on tariff suspension. The Discos are confused about the decision of the Federal Government and labour unions as...

Budget Support: IMF, World Bank Conditions Behind Subsidy Withdrawal, Electricity Tariff Hike     The Federal Government’s removal of petrol subsidy and the increase in electricity tariff are in line with reforms being sought by the International Monetary Fund and the World Bank, economic experts have said. The...

Electricity Tariff Hike Will Push Cost Above 40%, MAN warns   The Manufacturers Association of Nigeria (MAN), has charged the nation’s economic managers on the need to attract significant investment to encourage large scale generation and significant improvement in transmission and distribution of power supply in...

Despite Electricity Tariff Hike, FG To Fund N545bn Deficit Although the regulator plans to increase electricity tariffs on April 1, it says the amount of money recoverable by power distributors from consumers will fall short of their revenue requirements, Electricity distribution companies in the country will...