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»NLC condemns latest electricity tariff hike as ‘malevolent’

NLC condemns latest electricity tariff hike as ‘malevolent’

admin_secureBy admin_secureNo CommentsJuly 5, 20242 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The Nigeria Labour Congress has condemned the latest hike in electricity tariffs instead of a reversal as promised by the federal government.

Joe Ajaero, NLC president, said this on Thursday in Abuja in a statement titled, ‘Stop killing the people and the economy’.

According to Mr Ajaero, the hike in tariff by DisCos from N206.80 to N209.5, effective July 1, 2024, for the so-called band ‘A’ customers represents the height of impunity and arrogance.

“This will certainly put more companies out of business as well as create more difficulties for consumers. This increment has come in 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 MAN,” he said.

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

“We demand 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.

“That there is another hike instead of a reversal as promised is further proof of the insincerity of the government, just as it is equally a measure of the government’s insensitivity.

“We have no doubt that this frequent crass display of insincerity and insensitivity will pitch the people against the government or vice versa,” he said.

Mr Ajaero noted that the three excuses DisCos gave included exchange rate, interest rate and cost of gas as justification for the increase.

He added that this underscored the argument that government and entities in the energy sector were not serious about finding an enduring solution to the energy crisis.

“For, clearly, they are treating the symptoms. 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,” he said.

(NAN)

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 ArticlePolice arrest father for torturing five-year-old son
Next Article FUNAAB: ASUU seeks improved welfare, payment of outstanding allowances
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.