New electricity tariff insensitive, wicked - NLC, showdown imminent – Newstrends
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New electricity tariff insensitive, wicked – NLC, showdown imminent

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New electricity tariff insensitive, wicked – NLC, showdown imminent

  • Manufacturers kick, ActionAid says govt will bear consequences of its actions

The stage appears set again for another round of showdown between the organised labour and the government over the latest increase in the tariff of electricity announced on Wednesday by Nigerian Electricity Regulatory Commission (NERC).

The Nigeria Labour Congress (NLC) and manufacturers among other groups have rejected the new tariff hike.

The NERC in announcing the tariff hike said consumers in the Band A classification would pay N225 for kilowatt hour (kwh) instead of N68, being charged before before Wednesday.

The commission said the increase was made based on consultations with the 11 electricity distribution companies (Discos).

It also stated that it was due to the Federal Government’s failure to pay over N2.9 trillion that would accrue by the end of 2024 as electricity subsidy after preventing them from applying cost reflective tariff.

Consumers under the Band A feeders are those enjoying an average of 20 hours of power supply daily, amounting to pay about N135, 000 monthly.

NERC’s Vice Chairman, Musiliu Oseni, said on Wednesday in Abuja that the increase would affect only 15 per cent of the 12 million electricity consumers. It is expected to take effect immediately.

In it’s reaction, the NLC described the new electricity tariff hike as insensitive and wicked.

It said this would further impoverish the already pauperised Nigerians battling the hardship caused by the fuel subsidy removal.

Daily Trust quoted Head of Information at the NLC headquarters, Benson Upah, as saying the labour would take a position on the “chaotic” policy after appropriate organs of the movement meet.

He said, “The government’s decision is not only insensitive, it is callous. It will further pauperise consumers, especially workers whose wages are fixed and insufficient.

“It similarly makes the operating environment more hostile for manufacturers with potential for an astronomical rise in cost of goods and services or in the worst-case scenario, more closures and loss of jobs.

“The only people who stand to gain from this mindless social violence against the people are the World Bank and IMF. Pity! We will get back to you on that (next step) after the appropriate organs decide.”

Country Director, ActionAid Nigeria, Andrew Mamedu, said the government should recognise that its decision to remove the fuel subsidy contributed to the current situation.

“Therefore, the government should be prepared to bear the brunt of these policy decisions without unduly passing on the burden to Nigerian citizens.

“It is important to note that energy security is one of the major areas that contribute to national security and welfare, which explains why nations guide their energy sector seriously and are always up and doing ensuring its availability and affordability,” he said.

A former chairman of NERC, Sam Amadi, said the electricity tariff increase would cause power theft and corruption.

He said the government should allow a special window for the distribution companies to access dollars at a preferential rate.

President of the Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture, Dele Kelvin Oye, in a statement, said, “While the commission’s efforts to enhance metering and protect consumers from over-billing are commendable, the tariff hike, influenced by the rise in natural gas base prices, has implications for the cost of operations across businesses that already face a fragile economic recovery.

“We understand the necessity of aligning energy costs with market realities to foster sector investment and sustainability, nevertheless, we stress the importance of considering the broader economic impact on industries and the timing of such adjustments.

“NACCIMA continues to advocate for a transparent and gradual approach in policy implementation, emphasizing the need for broad stakeholder engagement to mitigate adverse effects on business competitiveness and consumer prices.’’

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Reps pass bill to strip Vice President, governors, deputies of immunity

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Reps pass bill to strip Vice President, governors, deputies of immunity

The House of Representatives on Wednesday passed for second reading a constitutional amendment bill seeking to remove the immunity conferred on the Vice President, Governors and their Deputies.

The lawmaker said the move is to curb corruption, curb immunity, eradicate impunity and enhance accountability in public office.

The constitutional amendment Bill sponsored by Solomon Bob (PDP, Rivers) reads: “A Bill for an act to alter the constitution of the Federal Republic of Nigeria, 1999 to qualify the immunity conferred on the President, remove the immunity conferred on the Vice President, the Governors and their Deputies, in order to curb corruption, eradicate impunity and enhance accountability in public office and for Related Matters”.

Section 308 of the constitution confers immunity on the President, Vice President, Governors and their deputies, exempting them from criminal and civil prosecution while in office.

The House also passed for second reading, a constitutional amendment Bill to create a constitutional role for traditional rulers, while providing for the recognition of the advisory role for them in the constitution.

The two bills are part of the 42 on devolution of power, strengthening of institutions, state creation, traditional rulers citizenship, fundamental rights and objectives and local government passed by the House.

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On Tuesday, the House passed 39 constitutional alteration bills for second reading.

While passing a bill to provide for stronger measures and checks for the sustenance of autonomy of local government system in the country, it also passed for second reading another constitutional alteration bill seeking to remove local government as a tier of government constitutionally recognised and funded by the Federal Government.

The second bill sponsored by Solomon Bob (PDP, Rivers) seeks to vest the creation and funding of local government on the states.

The House is also seeking to amend the constitution to review the framework for local government administration, establish a robust legal legal regime to strengthen administrative efficiency, promote transparency, accountability and deepen democratic practice in the local government.

On state creation, The Nation observed that a bill for the creation of Etiti State from the five South eastern States was again read for the second time even though similar bill was passed for second reading.

The bill for the creation of Etiti state sponsored by Amobi Ogah and four others was first passed for first reading on the July 11,  2025 while a second bill on the same subject matter sponsored by Deputy Minority Whip, George Ozodinobi was listed and passed for second reading on Tuesday.

Reps pass bill to strip Vice President, governors, deputies of immunity

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Businessman collapses in court during trial over $578,000 cash seizure

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Businessman collapses in court during trial over $578,000 cash seizure

A businessman, Okorie Sunday, who was arrested on March 19 at Murtala Muhammed International Airport, Lagos, with $578,000 in cash, collapsed in court during his trial on Wednesday, March 26.

Okorie appeared before the Federal High Court in Lagos, where his trial commenced at 8:30 AM. However, he collapsed just as the court registrar was about to re-read the charges against him.

Court officials and security personnel rushed to his aid, and proceedings were briefly halted.

Previously on Tuesday, Okorie had been arraigned in court by the Economic and Financial Crimes Commission (EFCC) on four counts related to money laundering and a currency scam.

He pleaded not guilty to the charges during his arraignment before Justice Deinde Dipeolu.

After a brief agreement from both parties for a swift trial, Okorie was remanded in custody and the case was adjourned to Wednesday.

During the resumed hearing on Wednesday, Okorie’s lawyer, Uche Okoronkwo, informed the court that his client wished to change his plea from not guilty to guilty.

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The EFCC’s counsel, Chineye Okezie, confirmed that Okorie indeed wanted to plead guilty to the first two counts, and requested the withdrawal of the third and fourth counts. Justice Dipeolu agreed to the request and directed that the charges be re-read.

However, as the registrar began to read the charges, Okorie collapsed without warning. His wife and daughter, who were present in the courtroom, were visibly distraught, with both of them breaking into tears.

At the time of writing this report, Okorie had been rushed to a hospital for medical attention, and the proceedings were temporarily halted.

The arrest took place when Okorie arrived in Lagos from Johannesburg aboard South African Airways Flight SA60 on March 19.

Initially, he declared only $279,000 at the airport’s currency declaration desk. However, a routine search revealed an additional $299,000 concealed in multiple packages, bringing the total sum to $578,000.

Authorities also discovered €100 and a counterfeit $250 note among the undeclared funds.

The EFCC charged Okorie with violating Sections 3(5) of the Money Laundering (Prevention and Prohibition) Act, 2022, and Sections 3(1)(a), 5(1)(b), and (2) of the Counterfeit Currency (Special Provisions) Act, Laws of the Federation of Nigeria, 2004.

Businessman collapses in court during trial over $578,000 cash seizure

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Fire guts Onitsha market, many shops, goods destroyed

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Fire guts Onitsha market, many shops, goods destroyed

A night fire at the popular Iweka Road, near Ochanja market in Onitsha, Anambra State, destroyed shops and products worth millions of naira.

Our correspondent reported that the fire, which erupted at 8.30 p.m. on Tuesday, destroyed many shops, reducing products and property to ashes.

Although the source of the fire has yet to be determined, it was said that it raged for several minutes before firefighters arrived, as some of the dealers had gone home.

Confirming the fire incident on Wednesday, the Anambra State Fire Service’s Media and Publicity Unit, commanded by state fire chief Chukwudi Chiketa, said it received a distress call at around 9.40 p.m. and quickly dispatched a crew of firefighters and firefighting equipment to the location.

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Chiketa said, “Anambra State Fire Service at about 9.40pm on Tuesday, March 25, received a distress call about a raging fire outbreak at the popular Iweka Road, close to Ochanja Market, Onitsha.

“Immediately, a crew of firemen and firefighting equipment was deployed to the scene of the fire outbreak. They fought gallantly and contained the incident, stopping the fire from further escalation.

“The incident affected four shops, and many others were saved in a two-storey building. These shops contained furniture materials such as leather, foam and others.

“The cause of the fire outbreak has not been ascertained. The crew of firemen withdrew from the incident’s scene at 03:05 (3.05am) of the next day, Wednesday 26th March.”

 

Fire guts Onitsha market, many shops, goods destroyed

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