The Nigeria Labour Congress (NLC) and several civil society organizations (CSOs) have expressed strong opposition to the recent electricity tariff hike approved by the Nigerian Electricity Regulatory Commission (NERC).
The tariff increment, which sees a significant rise from N68 per kilowatt hour (kWh) to N225 per kWh, has sparked widespread criticism, with concerns raised over its impact on consumers and the economy.
NERC attributes the hike to the government's inability to sustain electricity subsidies, citing a projected subsidy of over N2.9 trillion by the end of 2024. While NERC insists that only 15% of electricity consumers will be affected, NLC and CSOs condemn the move as insensitive and detrimental to already struggling Nigerians, particularly amid the removal of fuel subsidies and currency instability.
As debates intensify, stakeholders call for alternative solutions to address energy sector challenges and promote affordability and accessibility.
