This was contained in a Review of Power Sector in 2021 report published by the News Agency of Nigeria on Monday.
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The group made this known in a letter to the Nigerian Electricity Regulatory Commission (NERC) which was obtained by the News Agency of Nigeria (NAN) on Monday in Lagos.
The organization says 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.
A group, the All Electricity Consumers Protection Forum (AECPF), filed the suit dated July 12, before an Ikeja High Court.
The Senate Committee on Finance headed by Senator Solomon Olamilekan Adeola had last week announced that federal agencies like the National Agency for Food, Drugs Administration and Control ( NAFDAC) , NIGCOMSAT and Nigeria Electricity Regulatory Commission, (NERC ) , had agreed to exit the National budget as far as their overhead costs were concerned.
They maintained that there was no justification for any upward review of electricity tariffs due to the current economic realities and challenges being faced by Nigerians.
A statement released by the Special Adviser to the President on Infrastructure, Ahmad Zakari, stated that it was unclear what empirical evidence the bank deployed to arrive at the figures.
The News Agency of Nigeria reports that residents of Magboro community, along Lagos/Ibadan expressway, are dissatisfied with the new load shedding plan introduced by IBEDC, which has been described as arbitrary.
Babatunde Irukera, the Executive Vice Chairman of the commission, told the News Agency of Nigeria in Abuja on Sunday that the move was a more strategic approach toward intervening in consumers’ complaints.
The petition, filed by the Benin Electricity Distribution Plc, was scheduled for hearing on Tuesday before it was postponed indefinitely.
The group expressed its reservation about the hike in a statement issued on Thursday in Aba by its Executive Director, Nelson Nnanna.
Okwara Udensi, chairman of the branch, told the News Agency of Nigeria in Benin on Wednesday that many businesses were still facing untold hardship caused by the COVID-19 pandemic and #EndSARS violence.
The groups, the Energy Consumer Rights and Responsibilities Initiative and All Electricity Consumers Protection Forum, decried the increment in separate interviews with the News Agency of Nigeria in Lagos.
This was made known by NERC’s Head of Public Affairs, Micheal Faloseyi, in a statement in Abuja on Tuesday.
The Head, Corporate Communications of EEDC, Emeka Ezeh, who gave the warning in a statement, on Tuesday, in Enugu, said that the conmen usually asked unsuspecting members of the public to make payment for meter into a personal bank account, number 0813317416, domiciled in a new generation bank.
The Chairman of CLO, Anambra, Vincent Ezekwueme, made the call while speaking with the News Agency of Nigeria on Sunday in Enugu.
The chairman of the association, Rev. Jide Kehinde, while speaking with newsmen on Saturday, lamented that the affected communities had been experiencing erratic power supply in the last eight years without any concrete solution from IBEDC.
Momoh disclosed this during an oversight visit to the Corporate Headquarters of the Company in Marina, Lagos.
Nathan Shatti, the NERC’s Commissioner, Finance and Management Services, disclosed this at the commission’s Virtual Town Hall Meeting on Monday night.
The customers, in an engagement with the Nigerian Electricity Regulatory Commission on its official Twitter account, described the new tarriff being implemented by the DisCos as exploitative.