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May 30, 2024
BusinessNews

NLC, TUC shut down Ikeja, Ibadan DisCos over electricity tariff hike

By Ibrahim Kasimu Dadi

Workers have stormed various offices of electricity distribution companies to protest over the Band A tariff hike.

The workers, under the aegis of the Nigerian Labour Congress and the Trade Union Congress, thronged the offices of the DisCos on Monday, preventing workers from resuming work for the day.

In Lagos, the workers were sighted at the corporate headquarters of the Ikeja Electricity Distribution Company, singing and calling for the reversal of the C tariff.

In Oyo, protesters stormed the office of the Ibadan Electricity Distribution Company, picketing the same.

According to reports, policemen were in attendance to forestall any breakdown of law and order.

The NLC and TUC gave the Nigerian Electricity Regulatory Commission a seven-day ultimatum to reverse the revised tariff.

However, the Federal Government said a reversal of the tariff would spell doom for the power sector, urging Nigerians to bear the temporary pains.

Amid this, the International Monetary Fund has advised the Federal Government to remove electricity subsidies in other bands to save the economy.

Credit: The Punch

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Mustapha Salisu

Mustapha Salisu is a graduate of BSc. Information and Media Studies from Bayero University Kano, with experience in Communication Skills as well as Public Relations.

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