They said the hike became necessary because of the rise in their operational costs caused by rising inflation and forex challenges....CLICK HERE TO CONTINUE READING.>>
The Nigeria Labour Congress has slammed the federal government over the latest electricity tariff hike by DisCOs.
Recall that DisCOs recently increased electricity tariff for 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.
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.”
