Organised labour, under the auspices of Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), has given the federal government and the Nigerian Electricity Regulatory Commission (NERC) a May 12 deadline to reverse the hike in electricity tariff to N65/kwh or face picketing of the commission's offices and that of Electricity Distribution...
Organised labour, under the auspices of Nigeria Labour Congress and Trade Union Congress , has given the federal government and the Nigeria n Electricity Regulatory Commission a May 12 deadline to reverse the hike in electricity tariff to N65/kwh or face picketing of the commission's offices and that of Electricity Distribution Companies nationwide.
The letter, dated May 3, 2024 and addressed to Chairman/Chief Executive Officer of NERC, urged the regulatory body to immediately reverse the electricity tariff hike or face resistance from the workers. In the letter to NERC, organised labour accused the body of bias, alleging that it has become a tacit collaborator in crafting the oppressive pricing regime being perpetuated against Nigerian workers and people.
"As the regulator of the electricity sector, it is imperative that your commission grasps the weight of its responsibilities. NERC's role entails the regulation of electricity tariffs in the country, a duty outlined in explicit detail within the statutes governing the commission. But labour said, unfortunately, the reverse had been the case, as NERC had acted in cahoots with the DISCQs and the Generating Companies to promote their nefarious market practices.
"An immediate reversal of the hike in electricity tariff to N65/kwh. Immediate cessation of the discriminatory practice of segregating electricity consumers into arbitrary bands. The letter dated May 7, 2024 and signed by NLC's acting General Secretary, Mr. Chris Ufot, said,"In line with the directive of the Central Working Committee meeting held on 30th of April, 2024, I have been directed to inform you to commence preparation to picket the Nigerian Electricity Regulatory Commission and Disco offices in the states. The nationwide picketing is slated for Monday, May 13, 2024."There was a problem processing your submission. Please try again later.
News Politics Economy Trade Business Sports Current Events Travel Labour Economy Business And Finance West Africa Nigeria Energy
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Rise of RegTech: An Overview of Regulatory TechnologyIn the dynamic realm of financial services, regulatory compliance has evolved into a complex and costly endeavor, Enter Regulatory Technology or RegTech.
Read more »
Innovate Change casino analysis: market watch on Malta's gaming regulatory sweep and stock impactAn exploration of the immediate effects of these changes on gaming stocks and how these regulatory shifts could redefine market dynamics
Read more »
Africa: Confronting the Crisis of Unsafe Medicines in Africa - a Call for Heightened Regulatory VigilanceAnalysis - African countries, particularly those with lower incomes, are disproportionately affected by the scourge of substandard and falsified medicines.
Read more »
Confronting the crisis of unsafe medicines in Africa — a call for heightened regulatory vigilanceAfrican countries, particularly those with lower incomes, are disproportionately affected by substandard and falsified medicines.
Read more »
Binance Stresses Importance of Regulatory Compliance for Future SuccessThe former chief executive of Binance emphasizes the need for regulatory compliance in order to ensure the success of the crypto platform. Binance has already faced legal issues and paid a hefty settlement, and now aims to make compliance a competitive advantage.
Read more »
Critical electricity upgrades to affect these Cape Town areasThe City of Cape Town Electricity will conduct critical electricity upgrades in Newlands between 21 May and 4 June.
Read more »