Federal Govt secretly raises electricity tariff - Investigation - Newstrends
Connect with us

metro

Federal Govt secretly raises electricity tariff – Investigation

Published

on

Chairman/CEO, NERC,Engr. Sanusi Garba,

Unknown to most Nigerians, they are now paying higher for electricity after the authorities quietly raised the tariff without notifying consumers of the product.

LEADERSHIP Friday reports that the slight electricity tariff adjustment in September points to the confirmation of plans by the federal government to withdraw its subsidy payment in the sector.

A discreet investigation by LEADERSHIP uncovered a clandestine tariff adjustment which key industry sources say was effected to gauge reactions from the public.

Though inquiry sent to Usman Arabi, spokesman of the Nigerian Electricity Regulatory Commission (NERC) to confirm the development was not responded to, LEADERSHIP Friday’s findings show that a 2 per cent hike was effected in September.

Our source said the adjustment became inevitable as government can no longer sustain the subsidy payment.

“The hike is infinitesimal because it was not intended to draw any attention, and it is deliberate and would continue at that level so as not to choke consumers, but it will certainly be a periodic review,” our source said.

Government has claimed that its subsidy payments in the electricity sector is well over N30 billion monthly.

Vice President Yemi Osinbajo had, at the opening of the 14th Nigerian Association for Energy Economics (IAEE) Conference in Abuja, recently, said the government expected the electricity sector to generate its revenue from the power sector market.

Speaking through the special adviser to the president on infrastructure, Ahmed Zakari, he said, “The Federal Government intends to reduce its interventions in the power sector and thus allow the electricity market to run on its own, thereby allowing the market participants to determine the course of action.”

Going by what Osinbajo said, with such consideration to scrap electricity subsidy from next year, Nigerians would have to pay more for the commodity under a new tariff arrangement to be unveiled by the federal government.

Osinbajo noted that government would be investing over $3 billion in the coming years to improve transmission and distribution infrastructure across the country.

He explained that the effort of President Muhammadu Buhari’s administration to reform the energy sector would ensure that it continues to play critical roles in the growth of the country’s social and economic wellbeing.

He said: “Electricity tariff reforms with service-based tariff has led to collections from the electricity sector by 63 per cent, increasing revenue assurance for gas producers and stabilising the value chain.

“It is anticipated that all electricity market revenues will be obtained from the market, with limited subsidy from next year as reforms in metering and efficiency with the DisCos (distribution companies) to improve.

“To accelerated investment in transmission and distribution, over $3 billion will be put into this sub-segment of the electricity value chain that will put us on the path to delivering 10 gigawatts through the interventions of the Central Bank of Nigeria/Siemens partnership, World Bank and Africa Development Bank, and others.”

The federal government and Labour had gone into extensive discussions prior to the implementation of the Service-based Tariff in November 2020, where the electricity regulator (NERC) had promised improvement in service delivery to Nigerians.

The highest peak generation of electricity for the month of September was 4,694 Megawatts (MW), including electricity exports, and what was available for Nigerians in-country came down to 3,863MW, a far cry from the 30,000MW demand for electricity in the country

Essentially the country is providing roughly 11 per cent of the citizens’ demand for electricity despite huge government interventions in the power sector.

At the recent NERC-stakeholders’ forum, concerns were raised about the power sector moving backwards rather than forging ahead going by the too many policy inconsistencies.

Nigeria has one of the poorest supplies of electricity despite the power sector contributing 78 per cent to GDP growth for Q2 2021.

Chairman of the Nigeria Electricity Consumers Advocacy Network (NECAN),Tomi Akingbogun,  deplored the nature of the hike, describing it as fraudulent.

He said, “This is unfortunate and deceitful. No nation can develop based on deceit. Manufacturers need to capture their costs well to make profit so as to continue to produce.

“If costs are increased and hidden, the company will lose and close down, thereby increasing unemployment and reducing gross domestic product (GDP), etc.

“NERC needs to be run by people who understand the dynamics of the economy. NERC, at present, are not fair judges.”

Akingbogun, further said, “We all noticed this some months ago, the whole country cannot be deceived.”

Also, a vendor with one of the DisCos confirmed to our correspondent that an increase was actually made last month and that customers who patronise her observed the slight adjustment.

“I am aware and customers have been confronting me, but I have to let them know that there is a little adjustment following improvements in supply. That’s what I can tell you for now,” she said.

The Nigeria Labour Congress (NLC) has vowed to deploy the industrial mechanisms granted in labour laws for the defence of workers’ rights to resist increase in electricity tariff.

Equally, NLC President Ayuba Wabba had in July warned against a speculated plan to grant approval to DisCos to hike electricity tariff.

While the speculation was rife, Wabba said, “It is in the light of this that we dismiss the ongoing speculation on increase in electricity tariff as mere speculation.

“We, however, find it prudent to put you on notice should government make true the swirling speculation by approving an increase in electricity tariff, Organised Labour will be left with no option than to deploy the industrial mechanisms granted in our laws for the defence of workers’ rights.”

Wabba said that NLC had written to remind the minister that Organised Labour on September 28, 2020, through the Federal Government/Organised Labour Committee on electricity tariff, agreed to freeze further increases in tariff until it concludes its work and its report adopted by all the principals in the committee.

In his own reaction, convener of PowerUp Nigeria, Adetayo Adegbemle, said since privatisation, Nigeria has continuously bent over to the demands of the private operators without experiencing any notable improvement in the fortunes of Nigeria’s power sector, except the demands for tariff increase.

He lamented that despite all the several tariff increments, there has not been improvement in service delivery.

“The investors have not done well to keep to their end of the bargain, and the truth is that nobody trusts them enough to want to gamble on more time.

“There is no amount of money thrown at the power sector that will resolve the problems, as the power sector challenge is not a money problem,” he said.

Leadership

metro

EFCC Debunks Fake Wanted Poster of Sabinus

Published

on

popular Nigerian comedian Emmanuel Chukwuemeka Ejekwu, widely known as Sabinus
Popular Nigerian comedian Emmanuel Chukwuemeka Ejekwu, widely known as Sabinus

EFCC Debunks Fake Wanted Poster of Sabinus

The Economic and Financial Crimes Commission (EFCC) has dismissed as false a viral “wanted” poster featuring popular Nigerian comedian Emmanuel Chukwuemeka Ejekwu, widely known as Sabinus, describing it as fake, misleading, and the work of mischief-makers.

In a statement shared via its official social media platforms on Thursday, the anti-graft agency clearly stamped the circulating image “FAKE NEWS”, warning individuals responsible for spreading such content to desist. In a strongly worded caption, the EFCC wrote, “Clout chaser, stop this now!” — signaling frustration over the growing trend of misinformation online.

The doctored poster, which spread rapidly across social media, mimicked the official EFCC “wanted” notice format, including the agency’s logo and layout. It falsely claimed that Sabinus, allegedly aged 43, was wanted for obtaining money under false pretence, and even listed a supposed last known address in Victoria Island, Lagos State.

READ ALSO:

However, further checks confirm that no such notice exists on any official EFCC platform, including its verified website and social media pages, which are the only legitimate channels through which the commission declares individuals wanted. The agency reiterated that all authentic wanted notices are publicly verifiable, urging Nigerians to rely on official sources before sharing sensitive claims.

The EFCC did not disclose whether it has identified those behind the fabricated poster but emphasized that the spread of false information could have serious legal and reputational consequences. The commission has, in recent years, intensified warnings against the circulation of fake news, impersonation of government agencies, and digital misinformation, particularly on social media.

Sabinus, a widely recognised entertainer known for his viral comedy skits and brand endorsements, commands a massive following both within Nigeria and internationally. As of the time of reporting, he has not publicly reacted to the incident.

The development highlights growing concerns about the misuse of digital platforms to create convincing but false narratives, especially involving public figures. Authorities continue to advise the public to verify information carefully and avoid amplifying unconfirmed reports that could harm individuals or undermine public trust.

EFCC Debunks Fake Wanted Poster of Sabinus

Continue Reading

metro

12-Year-Old Dies After Alleged Bullying at FGC, Ikot Ekpene

Published

on

Federal Government College Ikot Ekpene
Federal Government College Ikot Ekpene

12-Year-Old Dies After Alleged Bullying at FGC, Ikot Ekpene

Tension and outrage have gripped Federal Government College, Ikot Ekpene in Akwa Ibom State after a 12-year-old Junior Secondary School 2 student, Ufokobong Edwin Godwin, reportedly died following alleged bullying by a senior student over provisions. The incident, which began before the Easter break, has raised serious concerns about student safety and bullying in Nigerian schools.

The attack reportedly occurred when a Senior Secondary School 3 student demanded provisions from the younger pupil during terminal examinations. Godwin refused, saying he did not have enough to share. Witnesses allege that the senior student responded with physical violence, repeatedly striking Godwin on the neck and throat, causing him to faint multiple times. Other students only intervened after the assault escalated.

Godwin was initially hospitalized on Easter Sunday for a neck injury. He briefly regained consciousness but was later returned to school without his parents being informed of the seriousness of the incident. Upon returning home for the holiday, the boy began complaining of severe neck and throat pain. Despite taking pain relief medication at home, his condition worsened, prompting his father to rush him back to the hospital, where he tragically died. Medical personnel later confirmed that his death resulted from complications associated with blood clots around the neck and throat area.

READ ALSO:

The school principal, Mr. Jude Ezeogu, described the incident as deeply unfortunate and confirmed that the school community is in mourning. He said a school management committee will meet to review the circumstances surrounding the student’s death and communicate their findings to the public.

The family of the deceased has called on the Federal Government of Nigeria to investigate the matter and ensure justice. The boy’s father urged the authorities to intervene, saying he would provide more details at an appropriate time.

The tragic death of Ufokobong Edwin Godwin has reignited discussions about bullying, student protection, and campus safety across Nigeria, with parents and education stakeholders calling for stricter measures to prevent such incidents in boarding schools.

12-Year-Old Dies After Alleged Bullying at FGC, Ikot Ekpene

Continue Reading

metro

Boko Haram Attack in Borno: Brigadier-General, Soldiers Killed as ISWAP Overruns Military Base

Published

on

Nigeria’s Chief of Defence Staff, General Olufemi Oluyede
Nigeria’s Chief of Defence Staff, General Olufemi Oluyede

Boko Haram Attack in Borno: Brigadier-General, Soldiers Killed as ISWAP Overruns Military Base

A deadly assault by insurgents linked to Boko Haram and its Islamic State-backed faction, Islamic State West Africa Province, has left several Nigerian troops dead, including a senior commander, following a late-night attack on a military base in Borno State.

The fresh Boko Haram attack in Borno reportedly took place on Wednesday night at a Joint Task Force formation in Benisheikh, located in Kaga Local Government Area along the busy Damaturu–Maiduguri highway.

Among those killed in the attack was Brigadier-General O. O. Braimah, commander of the 29 Brigade, alongside several officers, soldiers, and the brigade’s Imam. His death marks a significant setback in ongoing counterinsurgency operations in Nigeria’s North-East, with military sources describing the incident as one of the most intense recent assaults on a military formation in the region.

According to security sources, the attackers launched a coordinated assault using explosives and heavy gunfire, overwhelming troops after hours of intense fighting. The insurgents reportedly deployed improvised explosive devices (IEDs) to breach the base, engaged soldiers in sustained gunfire, and targeted critical military infrastructure. The prolonged attack caused panic within the base and surrounding communities, with casualties feared to be high, although official figures have not yet been released.

READ ALSO:

Several soldiers were seriously injured during the Boko Haram attack, while others are still unaccounted for. Rescue operations are ongoing as the military works to locate missing personnel and secure the area.

The latest incident highlights renewed violence by insurgent groups in Borno. In recent weeks, Boko Haram and ISWAP attacks in Nigeria have intensified, targeting military bases, checkpoints, and civilian settlements. Security experts warn that the attack suggests growing operational strength of insurgents, increased vulnerability of remote military bases, and the need for improved intelligence and aerial surveillance.

As of the time of filing this report, the Nigerian military has yet to issue an official statement on the attack. However, reinforcements and surveillance operations have reportedly been deployed to the Benisheikh axis to prevent further attacks.

Despite years of military operations, Boko Haram and Islamic State West Africa Province continue to pose serious threats in Nigeria’s North-East. The Borno attack on soldiers underscores persistent insecurity and raises fresh concerns about the safety of military formations and personnel in the region.

Boko Haram Attack in Borno: Brigadier-General, Soldiers Killed as ISWAP Overruns Military Base

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending