• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, August 8, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

NLC kicks against increase in electricity tariff

Tariff

The Matters Press by The Matters Press
June 23, 2023
Reading Time: 1 min read
0
NLC to introduce detention allowance for members

Abuja, June 23, 2023: The Nigeria Labour Congress (NLC) has called for the shelving of the proposed plan of electricity tariff hike by July 1 for the collective good and safety of Nigerians.

RELATED POSTS

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

National Single Window initiative, a major step for efficient cross-border trade – TMSG

‎Group celebrates 45% increase in federal revenue in just one month

Mr Joe Ajaero, NLC President, said this in a statement titled “Shelve this tariff hike” and made available to newsmen on Thursday in Abuja.

According to Ajaero, the plan to increase electricity tariff by 40 per cent by July 1 would further compound the current hardship of ordinary Nigerians.

“The massive increase is explained away as a response to the over 100 per cent increase in the pump price of premium motor spirit (PMS).

“Details reveal a movement in inflation from 16.9 per cent to 22.41 (threatening to needle 30), and a shift in exchange rate from N441 to N750.

We believe not even these figures are a justification for this proposed tariff increase.

“The issue of capacity to pay and quality of service delivery are not only germane but superior to any rationalisation by market logic. The service providers in spite of sundry support have not been able to meet the threshold of 5,000 megawatts,” he said.

The NLC president said that the proposed hike would lead to a ripple effect by other product or service providers in the country.

He noted that the ordinary Nigerians needed to be protected from these economic vagaries that is suddenly thrust on them.

“We would want to advise apostles of the Market who have called NLC all sorts of names to check their conscience. The rate at which they are going is highly combative and combustible,” Ajaero said.

He called for more novel interventions to cushion the effect of these tariff hikes on majority of Nigerians.

“In light of this, our advice is that this proposed tariff hike should be shelved for our collective safety.”

Tags: ElectricityNLCTariff
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎

August 7, 2025
Importers face delays, higher costs on Red Sea woes
Economy/Technology

National Single Window initiative, a major step for efficient cross-border trade – TMSG

August 4, 2025
Chatham House stance on Nigeria’s economy, a non-biased assessment of  reforms
Economy/Technology

‎Group celebrates 45% increase in federal revenue in just one month

July 28, 2025
POLICY STATEMENT 027 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI)
Economy/Technology

Alleged Wasteful Turn Around Maintenance (TAM) of Refineries: Setting the records straight

July 25, 2025
Dangote Fertilizer in gas supply deal
Economy/Technology

IMPI seeks forensic audit of refineries from 2000 to 2023 ‎ ‎

July 25, 2025
Nigeria’s Dangote refinery will cut Africa’s petrol import by 36%
Economy/Technology

‎ADC erred, APC administrations never spent $18bn on refineries-IMPI ‎

July 25, 2025
Next Post
Business booms in Uganda, Rwanda border towns after controls lifted

Business booms in Uganda, Rwanda border towns after controls lifted

Nigeria, Equatorial Guinea in talks to boost gas production

Chamber engages Gazprom, African communities on gas utilisation, development

Recommended Stories

Dangote Cement commences Tranche II share buyback

Dangote cement kicks off ‘bag of goodies 3’ promo

July 5, 2022
2020 Finance Bill prescribes tax incentives

No plans to increase taxes in Nigeria

August 16, 2023
Trans-boundary investment in Africa tops ECA’s call

Nigeria tinkers with its bilateral investment treaties, NIPC Act

November 9, 2024

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • ‎Obi’s One-Term Proposal, a gambit to grab power at all costs -Group ‎
  • National Single Window initiative, a major step for efficient cross-border trade – TMSG
  • ‎Group celebrates 45% increase in federal revenue in just one month

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

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
Call Us