• Latest
  • Trending
Buhari Congratulates New NLC President, Seeks Partnership

Stop killing Nigerians and the economy, NLC reacts to electricity hike by DisCOS

July 6, 2024
Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

October 2, 2026
Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

October 1, 2026
Police Uncover N6.17b Cyberfraud, Arrest Suspects

Police Uncover N6.17b Cyberfraud, Arrest Suspects

October 1, 2026
Mutfwang Woos EU Investors, Says Plateau Open For Business

Mutfwang Woos EU Investors, Says Plateau Open For Business

October 1, 2026
Kano: Suspect Arrested Over Alleged Invitation of Bandits for Attacks

Kano: Suspect Arrested Over Alleged Invitation of Bandits for Attacks

October 1, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
FG Breaks Ground For New Grid Control Centre In Osogbo

FG Breaks Ground For New Grid Control Centre In Osogbo

October 1, 2026
ReachOut Nigeria Celebrates 20 Years With 100 Million Rhapsody Copies

ReachOut Nigeria Celebrates 20 Years With 100 Million Rhapsody Copies

October 1, 2026
FCTA workers suspend strike, protests as Labour  reaches agreement with Wike

Wike Vows To Quit As FCT Minister If Tinubu Loses FCT, Rivers

October 1, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

AFCON 2025 Title Dispute: CAS Fixes Oct 8 For Senegal’s Appeal Hearing

October 1, 2026
ADVERTISEMENT
  • Privacy Policy
    • Home
      • Contact Us
  • Advert Rates
Friday, October 2, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result
Home News

Stop killing Nigerians and the economy, NLC reacts to electricity hike by DisCOS

by Present Nigeria
July 6, 2024
in News
0
Buhari Congratulates New NLC President, Seeks Partnership
32
SHARES
63
VIEWS
FacebookTwitterWhatsappTelegram

The Nigeria Labour Congress has described as insensitive the latest electricity hike by DisCOS in tariff payable by Band A customers.

The electricity distribution companies (DisCOS) had on Wednesday announced that the Nigerian Electricity Regulatory Commission approved the hike. They increased it from N206.80 per kilowatt-hour to N209.5/KWh.

RelatedPosts

Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Police Uncover N6.17b Cyberfraud, Arrest Suspects

They said the hike became necessary because of the rise in their operational costs caused by rising inflation  and forex challenges.

Reacting in a statement on Thursday, the President of NLC, Joe Ajaero, wondered why the the tariff should be hiked rather down reviewed downwards.

His words: ” This increment has come on the heels of unresolved contestations around the insane 250 per cent hike in tariff leading to national paralysis including the shutting down of 300 businesses as per the Manufacturers Association of Nigeria.

“The 250 per cent hike drew the ire of the citizenry and rage of organised labour whose members went on a one-day protest for its unreasonableness and violation of extant rules of tariff hike.”

“We had demanded a reversal. The only reason that action was paused was a firm assurance from relevant quarters including the National Assembly that the matter would be dealt with quietly”.

Adding, he said: “We do not doubt that this frequent crass display of insincerity and insensitivity will pit the people against the government or vice versa’.

Ajaero called for a reversal as he said that the excuses given by the DiSCOs  “underscore our argument that the government and entities in the energy sector are not serious about finding an enduring solution to our energy crisis”.

He said: “Given the further damage this latest wave of increase will do to our economy, we demand an immediate reversal of the hike. It is unjustifiable, unreasonable and malevolent. Government and DisCos should stop killing the people and the economy.”

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Like this:

Like Loading...

Related

Share13Tweet8SendShareShare2
Previous Post

‘Gave up being a CEO to become a student’- Banky W returns to classroom

Next Post

Euro 2024: France beat Portugal 5-3 on penalties to reach semi-finals

Related Posts

Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

October 2, 2026
Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

October 1, 2026
Police Uncover N6.17b Cyberfraud, Arrest Suspects

Police Uncover N6.17b Cyberfraud, Arrest Suspects

October 1, 2026
Mutfwang Woos EU Investors, Says Plateau Open For Business

Mutfwang Woos EU Investors, Says Plateau Open For Business

October 1, 2026
Next Post
Euro 2024: France beat Portugal 5-3 on penalties to reach semi-finals

Euro 2024: France beat Portugal 5-3 on penalties to reach semi-finals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

Nigeria, US Deepen Military Ties To Strengthen Anti-Terrorism Fight

October 2, 2026
Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

Insecurity: COAS Calls For Deeper ECOWAS Defence Partnership

October 1, 2026
Police Uncover N6.17b Cyberfraud, Arrest Suspects

Police Uncover N6.17b Cyberfraud, Arrest Suspects

October 1, 2026

© 2025 Present Nigeria. All Rights Reserved.

  • Privacy Policy
  • Advert Rates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.

%d