Close Menu
  • Home
  • News
  • Politics
  • Lifestyle
  • Opinion
  • Science
  • World
  • Entertainment
  • Finance
  • Football
Facebook X (Twitter) Instagram Threads
Facebook X (Twitter) Instagram
YFON
  • Home
  • News
  • Politics
  • Lifestyle
  • Opinion
  • Science
  • World
  • Entertainment
  • Finance
  • Football
Subscribe
YFON
Home»Electricity Tariff Increase: NLC Threatens ‘Industrial Resistance’

Electricity Tariff Increase: NLC Threatens ‘Industrial Resistance’

YemieFashBy YemieFashNo CommentsJanuary 7, 20212 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigeria Labour Congress (NLC) has threatened industrial resistance following the increase in electricity tariffs by the Nigerian Electricity Regulatory Commission (NERC).

The Congress, in a statement released late on Tuesday night and signed by the President, Ayuba Wabba, said the Federal Government should reverse the increase immediately or face an “unprecedented industrial resistance by Nigerian workers.”

They condemned the action of the Federal Government noting that the new increase will affect manufactures and producers of “Made-in-Nigeria” goods and services who will find it greatly difficult to cope.

There is no gainsaying the fact that this tariff hike would sound the death knell for many manufacturing outfits in Nigeria as many of them would resort to either mass lay-off of workers and or direct importation of finished goods.

“In light of the heightened burden that this hike in electricity tariff imposes on Nigerian workers and people, we urge the Federal Government to quickly withdraw this uncanny New Year Gift or face an unprecedented industrial resistance by Nigerian workers,” Wabba said in the statement.

The increase in electricity tariff was announced on Wednesday following an adjustment of tariff by the NERC.

The approval was given in a Multi-Year Tariff Order (MYTO) signed by the new NERC Chairman, Sanusi Garba, and obtained by Channels Television on Tuesday.

Meanwhile, the Minister of State for Labour and Employment, Festus Keyamo, in an interview on Channels Television’s Politics Today denied the increase. He noted that what was done was to adjust certain bands and to ensure that certain persons who are supposed to be on some bands are not wrongly put on some other bands.

 

 

Channels TV

DON'T MISS ANY NEWS

Input your email to stay updated with the latest news, updates, and get news as it unfolds across the globe.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

DON'T MISS ANY NEWS

Input your email to stay updated with the latest news, updates, and get news as it unfolds across the globe.

We don’t spam! Read our privacy policy for more info.

Check your inbox or spam folder to confirm your subscription.

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticlePaul Okoye recovers after 11-day battle with COVID-19
Next Article BREAKING: US Congress certifies Biden win
Leave A Reply Cancel Reply

Sports
Sports

BREAKING: Chelsea appoint Rosenior as new head coach

By AdeboyeJanuary 6, 20260

BREAKING: Eagles name 23-man squad for must-win world cup qualifiers

October 3, 2025

JUST IN: Osimhen rejects €75m Saudi Arabia’s Al Hilal move

June 8, 2025

Osimhen dances to Yinka Ayefele’s classic amidst family dispute

May 21, 2025

Awoniyi finally out of coma after abdominal surgery

May 15, 2025
Entertainment
Entertainment

JUST IN: ‘This year will not see my end’ — Allwell Ademola’s final post goes viral after death [Video]

By AdeboyeDecember 27, 20250

Iyabo Ojo becomes president of single mothers association

December 21, 2025

Alcohol consumption not sin – Popular gospel singer, Gaise Baba

August 26, 2025

Geh Geh University’: Tiktoker rakes in $30,000 from viral live session

August 22, 2025

Elderly man sparks online buzz after claiming to be Wizkid’s biological father

June 2, 2025
Finance
Finance

Naira gains ground as CBN intervenes, FPI inflows increase

By AdeboyeJune 23, 20250

Naira weakens further to N1,610/$ in parallel market

May 8, 2025
Instagram Facebook X (Twitter) TikTok
  • Opinion
  • Health
  • Sports
  • Finance
© 2026 YemieFash Online News Platform. A subsidiary of YemieFash Media. Powered by Hexemty Technologies

Type above and press Enter to search. Press Esc to cancel.