Labour
NLC threatens nationwide protest over electricity tariff hike, others
The Nigerian Labour Congress has rejected the federal government approval of the increase in electricity tariffs by the Nigerian Electricity Regulatory Commission.
Rising from its Central Working Committee on Wednesday, the NLC President, Mr. Ayuba Wabba and General Secretary, Dr. Peter Ozo-Eson, said the NLC “Re-affirmed its opposition to any price increase. It therefore resolved to mobilize Nigerian to resist any increase.”
The NLC contended that “a 45% upward increase in electricity Tariff at this point in time with the challenges in the economy, which have adversely reduced the purchasing power of ordinary Nigerians and slowed down businesses, including manufacturing, is not justifiable.
“The electricity distribution companies have continued to exploit Nigerians by estimated billing systems for the majority of consumers, while deliberately refusing to make pre-paid metres available”
“It is clear therefore that the 45% Tariff increase is an additional heavy burden on consumers and will have a telling effect on business especially manufacturing,” they stressed.
NLC demanded “that prepaid metres be made available free to all consumers, and expressed disappointment over the plan by government to re-introduce toll gates on our highways and roads.
-
Business5 days agoAbuja gears up for Jetour T2’s rugged-luxury experience
-
Business6 days agoNigeria Business Outlook: Dangote IPO, markets, inflation and naira in focus this week
-
Business6 days agoDangote IPO rush crashes Bamboo login as investors flood platform
-
Business4 days agoDangote: Petrol price gap fuels smuggling as Nigeria faces fresh pump price surge
-
Business4 days agoTinubu’s economic reforms face public confidence test as cost-of-living crisis persists
-
Latest1 week agoHamzat meets Pastor Chris Oyakhilome, hails Christ Embassy’s community impact
-
Business6 days agoAugust inflation faces upward pressure despite disinflation trend – Analysts
-
Business6 days agoHigh fuel, low wages: The economic toll of Nigeria’s post-subsidy era


