The Trade Union Congress (TUC) has issued a seven-day ultimatum to the Nigerian Electricity Regulatory Commission (NERC) to reverse the recent increase in electricity tariff.
Recall that NERC approved an increase in electricity tariff for customers under the Band A classification to N225 kilowatt per hour from N66.
But speaking during the 2024 Workers’ Day in Abuja on Wednesday, TUC president, Festus Osifo, said it was unfair for Nigerians to pay high electricity tariff considering the harsh economic situation of the country.
He asked NERC to reverse the increase in electricity tariff within one week.
Osifo expressed dissatisfaction with the epileptic power situation in the country which is affecting the country’s economic growth.
He said it is imperative that any nation incapable of effectively and efficiently managing its energy resources faces certain ruin.
“One of the pivotal factors constraining our nation is our glaring incompetence in managing this sector for the collective welfare of our citizens,” Osifo said.
“Power, regardless of its source, remains paramount in kickstarting any economy, while oil and gas are indispensable for robust energy success in every country.”
According to the TUC president, the plight of the power sector remains unchanged over a decade after privatisation of the sector.
“The reasons are glaringly evident. As long as those who sold the companies remain the buyers, Nigerians will continue to face formidable challenges in the power sector.
”It is unethical to force Nigerians to pay higher tariffs for non-existent electricity. Estimated billing is an extortion and a daylight robbery against Nigerians, ” he said.
