• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

NLC threatens nationwide protest over FG’s planned electricity tariff adjustment  

Nnaemeka Onyekachi by Nnaemeka Onyekachi
March 2, 2025
in Business News
NLC, TARIFF
Share on FacebookShare on TwitterShare on Linkedin

The Nigeria Labour Congress (NLC) has vowed to proceed with nationwide protest if the Federal Government of Nigeria proceeds to regularise electricity tariffs for Nigerian customers for Bands A, B and C.

This was disclosed in a communique signed by NLC General Secretary Emmanuel Ugboaja on Sunday, as reported by Channels Television.

Nairametrics previously reported that the Federal Government had announced plans to regularise electricity tariffs for customers for Band A, B and C to ensure a more efficient and reliable power sector.

RelatedStories

Opeyemi Agbaje, 60-year-old, appointed chairman National Pension Commission

Opeyemi Agbaje, 60-year-old, appointed chairman National Pension Commission

August 17, 2025
NLC, TARIFF

Organised Labour declares statewide strike in Taraba, starting August 11 

August 8, 2025

This disclosure was made by the Minister of Power, Mr Adebayo Adelabu, during the Public Presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan in Abuja on Thursday.

The policy document was said to be developed by the ministry with support from the UK Foreign, Commonwealth and Development Office (FCDO) and the UK Nigeria Infrastructure Advisory Facility (UKNIAF).

Current tariff structures and disparities  

According to Adelabu, under the current structure, Band B customers receive between 17 to 18 hours of electricity supply and pay N63 per kWh, while Band A customers, who get just 2 to 6 extra hours, pay N209 per kWh, as reported by the News Agency of Nigeria.

Adelabu explained that in 2024, the power sector adopted cost-reflective tariffs for about 15 per cent of electricity consumers. While this may seem like a small percentage, he emphasized that it marks a significant step forward in the sector’s reform.

NLC Reacts 

Reacting to the development, Ugboaja stated that “on the Migration of Electricity Consumers with a view to increasing tariff: NEC unequivocally rejects the ongoing sham reclassification of electricity consumers by the Nigerian Electricity Regulatory Commission (NERC), which seeks to forcefully migrate consumers from lower bands to Band A under the guise of service improvement while, in reality, imposing unjustified extortion on the masses.” 

He alleged that systematic exploitation is sanctioned by the Ministry of Power through the proposed adjustment, adding that it is nothing short of economic violence against the working class and the broader Nigerian populace.

“It is evident that the ruling elite, acting as enforcers of global monopoly capital, are determined to further deepen the misery of the Nigerian people through incessant tariff hikes, increased taxation, and relentless economic strangulation. 

“Whereas inflation has soared, wages remain stagnant, and the cost of living has become unbearable, the ruling class continues to transfer the burden of their fiscal irresponsibility onto the already impoverished working masses,” he added. 

  • According to him, NEC-in-session warns that any attempt to announce further electricity tariff increases will be met with mass resistance.

“Consequently, the Congress resolves to immediately mobilise for a nationwide protest should the Ministry of Power and NERC proceed with their exploitative plan to further hike electricity tariffs under any guise,” he warned. 

He added that the NLC shall not stand idly by while the Nigerian people are subjected to the alleged unholy machinations of capitalist profiteers and their state collaborators.

What you should know  

  • In February 2025, Eko Electricity Distribution Company (EKEDC) officially commenced the distribution of free prepaid meters to Band A customers within its coverage areas as part of the Meter Acquisition Fund (MAF) scheme, as reported by Nairametrics.
  • In November 2024, the Nigerian Electricity Regulatory Commission (NERC) asked electricity distribution companies (DisCos) to ensure Band A customers receive the required 20 hours of daily power supply.
  • The tariff adjustment aims to improve power sector revenue, enhance infrastructure, and ensure more reliable electricity for consumers.
Tags: Adebayo AdelabuBand ANationwide ProtestNLC
Nnaemeka Onyekachi

Nnaemeka Onyekachi

My name is Nnaemeka Onyekachi, a writer, public speaker and an award winning journo with over 5,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently serving as a Senior Editorial Analyst at Nairametrics, my passion lies in delivering insightful financial,corporate, economic news and analysis on foreign relations, governance, judiciary and legislature.

Related Posts

Opeyemi Agbaje, 60-year-old, appointed chairman National Pension Commission
Appointments

Opeyemi Agbaje, 60-year-old, appointed chairman National Pension Commission

August 17, 2025
NLC, TARIFF
Business News

Organised Labour declares statewide strike in Taraba, starting August 11 

August 8, 2025
FEC approves N987 billion for airport infrastructure upgrades nationwide 
Energy

FEC approves N68.7 billion for solar projects in universities, hospitals, rural centres  

August 1, 2025
Islamic Development Bank eyes power sector expansion in Nigeria with $2 billion investment portfolio  
Energy

Islamic Development Bank eyes power sector expansion in Nigeria with $2 billion investment portfolio  

July 24, 2025
Borno Govt halts fuel sales in Bama, Banki to cut off supplies to insurgents 
Business News

Borno Governor Zulum orders immediate implementation of N70,000 minimum wage for council workers 

July 20, 2025
Minimum Wage
Business News

NLC orders indefinite strike in Ogun over contributory pension, minimum wage concerns 

July 15, 2025
Next Post
CBN, forex

CBN urges banks to align with global standards in tackling illicit funds 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

otd
Emple
Palmpay
first bank








DUNS

Recent News

  • Industrial & Medical Gases opens N6.39 billion Rights Issue, states offer duration 
  • United Capital Infrastructure Fund distributes over N4.6billion in dividends to investors
  • MTN Nigeria CEO Karl Toriola gets expanded role as VP of Francophone Africa 

Follow us on social media:

Recent News

Industrial & Medical Gases shareholders approve N249 million dividend

Industrial & Medical Gases opens N6.39 billion Rights Issue, states offer duration 

August 18, 2025
United Capital Infrastructure Fund distributes over N4.6billion in dividends to investors

United Capital Infrastructure Fund distributes over N4.6billion in dividends to investors

August 18, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics