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Home Economics Real Estate

Labour leaders give FG May 12 ultimatum to withdraw electricity hike

Simon Osuji by Simon Osuji
May 10, 2024
in Real Estate
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Labour leaders give FG May 12 ultimatum to withdraw electricity hike
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Nigeria Labour Congress and its Trade Union Congress of Nigeria counterpart have given the Nigerian Electricity Regulatory Commission till May 12 to withdraw the recent hike in electricity tariff or face unprecedented industrial action.

The ultimatum was issued in a joint letter to the Chairman/Chief Executive Officer, CEO, dated May 3, 2024, and copied to the Secretary to the Government of the Federation, SGF, the Ministers of Labour and Power and the electricity distribution companies, DisCos, among others, Joe Ajaero and Festus Osifo, President of NLC and its TUC’s counterpart.

The letter read, “This is to refer you to our May Day address where we expressed grave concerns regarding the recent announcement of an astronomical hike in electricity tariff across the nation from N65/kWh to N225/Kwh by your commission.

“We believe that this decision is not just morally reprehensible considering the difficulties Nigerians are faced with currently, but it blatantly disregards fundamental principles and statutory obligations.



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