The Next Edition
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
No Result
View All Result
The Next Edition
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate
Home Headline News

Halt the Proposed Electricity Tariff Increment, ActionAid Nigeria Tells NERC

Next Edition by Next Edition
September 1, 2021
in Headline News
ENE OBI
0
SHARES
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

A Non-Governmental Organization, ActionAid Nigeria, has decried the alleged resolution by the Nigerian Electricity Regulatory Commission (NERC) directing the 11 Electricity Distribution Companies (DisCos) to increase their tariffs from Wednesday, September 1, 2021.

ActionAid Nigeria, an organization working to eradicate poverty in Nigeria, stated that the increase in electricity tariff will further erode the purchasing power of Nigerian workers in formal and informal sectors and will further impoverish more Nigerians.

You might also like

Media Laws: Information Minister Assures Nigerian Editors Of Cooperation

Ambassador Sarafa Tunji Isola To Chair 7th Penpushing Media Anniversary Lecture

APC Reinstates Kebbi Gov’s Aide Suspended For Bringing Snake To Gov’t House 

The Country Director, Ene Obi who spoke in Abuja said “The increase in electricity tariff is not only ill timed but insensitive to the precarious plight of Nigerians whose lean disposable incomes are already decapitated.

ActionAid stressed that previous hikes in electricity tariffs had not translated to effective and regulatory strategies to manage the impact of such hikes on macro-economic indices affecting end-users that are currently economically crippled and trapped”.

She also reminded the Federal Government that more than a hundred million Nigerians are living below the poverty line saying “instead of this tariff hike, NERC should compel all the actors in Nigerian Electricity Supply Industry to ensure increased efficiency in the power sector including managing energy loses to make erratic power supply a thing of the past as a way of boosting productivity and Nigeria’s GDP.

READ ALSO: Newborn Baby Found Dead At Dump Site In Bayelsa

ActionAid Nigeria urge NERC to rescind this decision and ensure that the Nigerian Electricity Supply Industry improve its performance before considering a tariff increase.

According to Ene Obi, “If this purported decision is not reconsidered, the cost of production of basic items produced in the country will increase and this may also lead to job losses in the already ailing medium and small-scale industries in Nigeria.

“Investors who rely largely on power supply will obviously not be able to break even. To remain afloat, they will have to shift the burden of increased cost of production to the final consumers of their products and services in an economy already choked by inflation”, she said.

ActionAid Nigeria therefore called on the Nigerian Electricity Regulatory Commission and the Federal Government, to halt the planned electricity tariff increment and uphold its values of transparency, fairness, and accountability by ensuring continuous consultation with the masses while protecting consumer rights.

Tags: ActionAid NigeriaELECTRICITY DISTRIBUTION COMPANIES. INCREASE TARIFFEne ObiNigerian Electricity Regulatory Commission
Next Edition

Next Edition

Recommended For You

Media Laws: Information Minister Assures Nigerian Editors Of Cooperation

Media Laws: Information Minister Assures Nigerian Editors Of Cooperation

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has assured the Nigerian Guild of Editors (NGE) of cooperation in their quest to seek for harmonisation of...

Ambassador Sarafa Tunji Isola To Chair 7th Penpushing Media Anniversary Lecture

Ambassador Sarafa Tunji Isola To Chair 7th Penpushing Media Anniversary Lecture

  A former Nigerian Ambassador to United Kingdom, Ambassador Sarafa Tunji Isola has accepted the role of chairman at the 7th anniversary lecture of Penpushing Media, scheduled to...

APC Reinstates Kebbi Gov’s Aide Suspended For Bringing Snake To Gov’t House 

APC Reinstates Kebbi Gov’s Aide Suspended For Bringing Snake To Gov’t House 

    The All Progressives Congress (APC), Kebbi chapter has announced the reinstatement of Alhaji Kabir Sani-Giant, Special Adviser to Gov. Nasir Idris on Power and Politics.  ...

Udeme Ufot to chair QEDNGCreative Powerhouse Summit

Udeme Ufot to chair QEDNGCreative Powerhouse Summit

  Mighty Media Plus Network Limited, publishers of the online newspaper QEDNG, has announced Udeme Ufot as Chairman of the inaugural QEDNG Creative Powerhouse Summit.   Ufot is...

Next Post
Adultery Confession

OAP Dotun Shades Tega's Husband Over His Adultery Confession




Related News

Okonjo-Iweala Thanks Buhari, NASS, ECOWAS For Support As WTO DG Race Enters Selection Phase

WTO: OPEC Congratulates Okonjo-Iweala On Appointment

Localised thunderstorms, rain expected on Friday – NiMet

Cloudy weather, thunderstorms, rains expected on Thursday – NiMet

Akwa Ibom Govt House the Best In Nigeria - Femi Fani- Kayode

Akwa Ibom Govt House the Best In Nigeria – Femi Fani- Kayode




The Next Edition

Office Address

3B, Agboola Aina street, Off Toyin Street,
Ikeja, Lagos.

Quick Contact Details

Phone:
08033018430
Whatsapp:
08051679910

Email:
[email protected]
[email protected]

Categories

  • Aviation
  • Beauty
  • Breaking News
  • Business
  • Columnists
  • Editorial
  • Entertainment
  • Fashion
  • Featured
  • Football
  • Foreign
  • Headline News
  • Home & Garden
  • Interviews
  • Investigations
  • North Central
  • North East
  • North West
  • Opinion
  • Parenting
  • Politics
  • Relationships
  • South East
  • South West
  • South-South
  • Special Reports
  • Sports
  • Top News
  • Vox Pops

© Next Edition Business Development Limited

  • About Us
  • Advert Rate
  • Contact Us
  • Privacy Policy
  • Terms of Use
No Result
View All Result
  • Home
  • About Us
  • News
  • Featured
  • Investigations
  • Foreign
  • Special Reports
  • Entertainment
  • Interviews
  • Advert Rate

© Next Edition Business Development Limited