The Federal Government has called on the Nigeria Labour Congress not to go on its proposed warning strike over hike…
Browsing: electricity tarif
It is not in doubt that the legislative power of the Federal Republic of Nigeria is vested in the National Assembly. This is by virtue of the provision of section 4(1) of the Constitution. The Constitution goes further to provide that the National Assembly has “power to make laws for the peace, order and good government of the Federation or any part thereof…”
NAN reports that the Nigerian Electricity Regulatory Commission approved a 40 per cent increase in tariff by electricity Distribution Companies effective February 1
The statement said: “We hereby declare our total support for the planned picketing by labour and civil society allies of all offices of the electricity distribution companies (DISCOS) nationwide, including Abuja, on Monday February 8, to protest the unilateral and unlawful hike of electricity tariff
He said the truth of the matter regarding electricity tariffs is that “at this point, if we wanted to have a cost effective tariff, the only way is to service that core value chain, the only way is to ensure that we are paying and compensating the value chain -from generation down to distribution- a cost effective tariff”