Sunday, August 24, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Industry | Trade | Commerce

Electricity Tariff Hike: Stop Killing The People, The Economy- Labour Tells DISCOs

EconomyFoot Print by EconomyFoot Print
July 5, 2024
in Industry | Trade | Commerce, News
Reading Time: 2 mins read
0
Share on FacebookShare on Twitter

By ZAKAA. LAZARUS-Abuja.

The Nigeria Labour Congress NLC, has condemned the hike in tarrif by some electricity distribution companies across the country.

Related posts

DHQ Refutes Bello Turji Surrender Rumors, Rejects Amnesty International’s Claims

Troops Neutralize Scores Of Terrorists, Rescue 73 Hostages Across the Country

August 22, 2025
FG to build bus terminals, CNG station in Six Geopolitical zones in Nigeria

FG to build bus terminals, CNG station in Six Geopolitical zones in Nigeria

August 21, 2025

The organized Labour also lament the suffering this hike in tarrif may cause to the citizens says “the hike in tariff by DISCOs from N206.80 to N209.5 (with effect from July 1) for the so-called band ‘A’ customers represents the height of impunity and arrogance and will certainly put more companies out of business as well as create more difficulties for consumers.

In a statement issued by the president, Nigeria Labour Congress, Comrade Joe Ajaero said “the increment has come in the heels of unresolved contestations around the insane 250% hike in tariff leading to national paralysis including the shutting down of 300 businesses as per MAN.

Comrade Ajaero said, the 250% 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.

The NLC 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.

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

“We have no doubt that this frequent crass display of insincerity and insensitivity will pit the the people against government or vice versa.

“The three excuses given by DISCOs (exchange rate, interest rate and cost of gas) as justification for this increase underscore our argument that government and entities in the energy sector are not serious about finding an enduring solution to our 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. “The statement added.

Previous Post

FG Inaugurates National Hydrographic Governing Council

Next Post

Isreal – Palestine War : United Kingdom Proven Again It Is An Integral Part Of The War – Abu Shawesh

Next Post

Isreal - Palestine War : United Kingdom Proven Again It Is An Integral Part Of The War - Abu Shawesh

Leave a Reply Cancel reply

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

RECOMMENDED NEWS

Cardoso Champions Gender Equity with Record Female Senior Appointments

5 months ago

BVN Issued in Nigeria Has No Expiry Date – CBN

2 years ago

Coca-Cola Nigeria’s Environmental Sustainability Investments Bags ECOSEA Awards

3 years ago
Army Orders Probe Of Viral Video Of Assault On Police Detective In Ebonyi

Major Shake Up ,COAS Redeploys Army High Command, Appoints New PSO, GOC

6 days ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • Troops Neutralize Scores Of Terrorists, Rescue 73 Hostages Across the Country
  • FG to build bus terminals, CNG station in Six Geopolitical zones in Nigeria
  • Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

DHQ Refutes Bello Turji Surrender Rumors, Rejects Amnesty International’s Claims

Troops Neutralize Scores Of Terrorists, Rescue 73 Hostages Across the Country

August 22, 2025
FG to build bus terminals, CNG station in Six Geopolitical zones in Nigeria

FG to build bus terminals, CNG station in Six Geopolitical zones in Nigeria

August 21, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion