Connect with us

News

Tinubu keeps mum as Nigerians suffer outrageous electricity tariff hike

Avatar

Published

on

President Bola Ahmed Tinubu remained silent as the recent 240% increase in electricity tariffs exacerbated the hardships faced by Nigerians.

The recent surge in electricity tariffs has added to the woes of Nigerians, following the previous challenges stemming from subsidy removal and currency fluctuations initiated by Tinubu’s administration last year.

While the pain from these policy changes persists, the tariff hike particularly affects customers under Band A, who receive at least 20 hours of power supply, further unsettling the populace.

In defense of the increase, the Minister of Power, Adebayo Adelabu, stated that 85% of electricity consumers would not be affected and highlighted the government’s projected savings of N1.14 trillion in electricity subsidies.

However, various organizations including the Nigeria Labour Congress, Trade Union Congress, Lagos Chambers of Commerce and Industry, and Abuja Chambers of Commerce and Industry have openly criticized the tariff hike, citing confusion and economic hardship.

Advertisement

Following the announcement of the new tariffs by the Nigerian Electricity Regulatory Commission, the eleven Distribution Companies (Discos) began implementing the increased rates for customers receiving 20 hours of power. However, this move has faced widespread dissatisfaction among consumers.

Despite apologies from the Abuja Electricity Distribution Company for wrongly applying the new tariffs to certain customer categories, concerns persist among Nigerians regarding potential arbitrary billing by Discos.

The Federal Competition and Consumer Protection Commission has urged the government to mandate Discos to meter all Band A customers within 60 days and emphasized that customers in other bands should not be shifted to Band A without proper metering.

With only a fraction of electricity consumers currently metered, fears of unfair billing practices by Discos are heightened.

Amidst the tariff hike, power supply across Nigeria remains unreliable due to national grid collapses, transmission repairs, and gas constraints, further exacerbating the situation.

Advertisement

Energy experts have criticized the tariff hike, suggesting that it prioritizes producer surplus over consumer welfare. They highlight the need for a more comprehensive approach to address the challenges in the power sector, including gas constraints, transmission bottlenecks, and inadequate metering.

Advertisement
Click to comment

Leave a Reply

News

Why I may not hesitate to support Peter Obi in 2027 – Atiku Abubakar

Avatar

Published

on

The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has suggested he might support Peter Obi, his Labour Party counterpart from the last election, in 2027.

The former Vice President, currently in merger talks with stakeholders from various opposition political parties, indicated he would back Obi if the Labour Party nominates him for the next election.

According to The Sun, Atiku made this statement during an interview with BBC Hausa Service.

It was recently reported by DAILY POST that Obi and Atiku had a closed-door meeting, sparking rumors about a potential merger of opposition parties ahead of the 2027 general elections.

Atiku confirmed the efforts of opposition parties to align in order to challenge the ruling All Progressives Congress (APC) in the 2027 election, saying, “We can merge to achieve a common goal. So, it’s possible and nothing can stop it if we so wish to achieve that.”

Advertisement

Atiku added that if the new party decides it’s the turn of the South-East and chooses Peter Obi, he would not hesitate to support him.

“I have said repeatedly, and even before the 2023 general elections, that if the PDP decides to zone the presidential ticket to the South or South-East specifically, I won’t contest it.

“But I contested the 2023 presidential ticket because it was open to all members of the party,” Atiku explained.

Continue Reading

News

I once struggled with pornography – Bishop Oyedepo’s son, Isaac

Avatar

Published

on

Isaac Oyedepo, son of Bishop David Oyedepo, founder of Living Faith Church, has admitted to having struggled with pornography at one point in his life.

Isaac revealed that he became involved with pornography during a trip to a European country.

Speaking on the podcast “Confession Box,” Isaac shared that he overcame this challenge with God’s help.

He explained: “My confessions are positive and meant to help others. I struggled with pornography before.

“I remember how it began; we traveled to a country, and I was alone in my room. I turned on the TV, and that’s how it started.

Advertisement

“But God helped me overcome it quickly. Many people still struggle with it, and I think if someone who had previously struggled with it had approached me and showed me how to break free, I would have overcome it sooner.

“Some topics are often avoided, but today, many pastors and church members still struggle with this issue.

“You might be anointed and performing signs and wonders, but that doesn’t mean you are living right.

“There’s an old saying that if it works, it means you’re standing right, but I found out that’s not always true. There were times I realized I wasn’t right, but grace and mercy found me.

“For the sake of someone genuine in the congregation, God can bypass you to reach that person; this is my confession.”

Advertisement
Continue Reading

News

Alleged Corruption: Rights lawyer petitions Minister, seeks suspension of NSCDC CG, Audi

Avatar

Published

on

Former Special Prosecutor for the Special Presidential Investigation Panel for Recovery of Public Properties, Tosin Ojaomo, has petitioned the Minister of Interior, Olubunmi Tunji-Ojo, regarding an ongoing investigation by the Economic and Financial Crimes Commission (EFCC) into corruption allegations against Ahmed Audi, the Commandant General of the Nigeria Security and Civil Defence Corps (NSCDC).

Ojaomo recommended Audi’s immediate suspension to ensure public safety and protect the integrity of the investigation from possible interference.

The petition, dated May 15 and made available to DAILY POST, was addressed to Tunji-Ojo and copied to President Bola Tinubu, Attorney General Lateef Fagbemi, and EFCC Chairman Olanipekun Olukoyede.

Ojaomo highlighted that the EFCC has been investigating the NSCDC for alleged financial mismanagement, making significant progress. He also mentioned a pending allegation against Audi regarding unexplained property acquisition filed with the Code of Conduct Bureau (CBB).

Ojaomo’s request is based on Section 8 of the Nigeria Security and Civil Defence Corps Act, 2003 (as amended), and Section 11 of the Interpretation Act, 2004, which allow the minister to recommend the appointment and removal of the NSCDC Commandant General.

Advertisement

The petition stated, “We are compelled to make this request as the investigation of the agency cannot be thoroughly and discreetly conducted if the current Commandant General of the NSCDC is allowed to continue in office while the investigation continues because most of the financial activities of the agency which form the subject matter of the investigation are conducted under the current CG’s watch.”

He further emphasized that the suspension would safeguard the investigation process and prevent possible interference. Ojaomo cited allegations linking Audi to a company, Keltes Security and Consultancy Limited, which allegedly received contracts from Tantita Security Limited, a company under the NSCDC’s supervision.

He concluded, “In view of these facts, it will be in the interest of public safety and to protect the integrity of the office to suspend Dr. Abubakar Audi, the current Commandant General of NSCDC, so that the EFCC can conduct a thorough and discreet investigation into the matter.”

Continue Reading

Trending