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FG Increases Electricity Tariff for Customers on 20-Hour Power Supply

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The Nigerian Electricity Regulatory Commission has approved the electricity tariff increase for customers under the Band A classification.

The Vice Chairman, NERC, Musliu Oseni, said the increase will see the customers paying N225 kilowatt per hour from the current N66.

PUNCH Online notes that customers under Band A are those who enjoy 20 hours of electricity supply daily.

Speaking at a press briefing in Abuja on Wednesday, Oseni said customers in Band A represent a 15 per cent of the 12m electricity customers in the country.

He added that the commission had also downgraded some customers on the Band A to Band B due to non-fulfilment of the required hours of electricity provided by the electricity distribution company.

He said, “We currently have 800 feeders that are categorised as Band A, but it will now be reduced to under 500. This means that 17 per cent now qualify as Band A feeders. These feeders only service 15 per cent of total electricity customers connected to the feeders.

“The commission has issued an order which is titled April supplementary order and the commission allows a 235 kilowatt per hour.”

He added that the review will not affect customers on the other Bands.

Citing sources, Bloomberg had on Tuesday reported that power companies will be allowed to raise electricity prices to N200 ($0.15) per kilowatt-hour from N68 for urban consumers.

It quoted people in the presidency with knowledge of the matter saying this was in a bid to attract new investment and slash about $2.3 billion spent to cap tariffs.

According to the news agency, “Nigerians will now have to pay $2.42 per one million British thermal units from the previous rate of $2.18 MMBtu.”

The development comes amid Monday’s announcement by the Nigerian Midstream and Downstream Petroleum Regulatory Authority of an increase in the price of natural gas, which is used to generate more than 70 per cent of electricity in Nigeria.

Source: The Punch

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Fubara Bows to Pressure, Invites Pro-Wike awmakers to Peace Meeting

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Rivers State Governor, Sir Siminialayi Fubara has extended an olive branch to lawmakers loyal to his rival, Nyesome Wike.

The governor invited the Amaewhule-led House of Assembly members to a peace meeting, following the Supreme Court’s judgement on the state’s political unrest.

The invitation was made through a letter from Dr. Tammy Danagogo, Secretary to the State Government, to Speaker Martins Amaewhule.

The meeting is scheduled for Monday at 10 am at the Government House in Port Harcourt.

The agenda includes addressing lingering issues, presenting the 2025 state budget, and discussing payment of lawmakers’ allowances.

The letter read: “I hereby write in furtherance of His Excellency’s promise stated in my letter dated 5th March 2025 to notify you that His Excellency has received the Supreme Court Judgment, and has therefore directed me to invite you and your colleagues -the Honourable members of Rivers State House of Assembly, to a meeting to discuss:-

“Provision of a befitting space for the Assembly’s sittings. Payment of all outstanding remuneration or allowances of the Honourable members. Presentation of Budget and sundry matters;

“Any other matter(s), as may be necessary, to chart the way forward in the best interest of the State. Sequel to the above, I hereby humbly invite the Rt. Hon. Speaker, and all the Rivers State House of Assembly members to a meeting with the Governor as follows.”

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Rivers Lawmaker Rejects Fubara’s Invitation for Peace Meeting

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A member of the Rivers State House of Assembly, Lolo Isaiah Opuende, has dismissed an invitation from Governor Siminialayi Fubara for a crucial meeting at the Government House, Port Harcourt, on Monday.

In an online video, Opuende stated that it was time for the governor to “dey his dey” (be on his own) while the lawmakers would do the same.

Representing Akuku-Toru Constituency 2, Opuende recalled that when the political crisis began, their principal had warned that a time would come for both sides to go their separate ways.

He also questioned the mode of invitation transmission, arguing that it is not feasible for lawmakers to honor the governor’s request.

“How can you write a letter for the House of Assembly and put it on social media and expect us to come? The governor should write us the proper way,” he insisted.

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Abacha Family Slams Babangida, Says Book a ‘Revisionist Narratives’, Distortion of Facts

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The family of the late General Sani Abacha has rebuffed claims made by former Head of State, General Ibrahim Babangida, that the late Abacha was responsible for the annulment of the June 12, 1993, presidential election.

In his recently launched autobiography, A Journey in Service, Babangida expressed regret over the annulment, acknowledging that the Social Democratic Party’s candidate, MKO Abiola, won the election.

Describing the annulment as an “accident of history,” IBB blamed military officers led by Abacha, who was then his Chief of Defence Staff, for the controversial decision, alleging that it was done “without his permission.”

Reacting in a Sunday statement signed by his son, Mohammed Abacha, the late dictator’s family dismissed IBB’s claims, insisting that Abacha was neither the Head of State nor the Commander-in-Chief at the time of the annulment.

The family accused Babangida of attempting to distort historical facts and shift blame.

“The decision to annul the election was made under the administration of General Ibrahim Babangida, who, as the then Head of State, held absolute executive powers and was solely responsible for the actions of his government,” the statement read.

“Any attempt to shift this blame onto General Sani Abacha, who was a very senior military officer within the regime, is a deliberate distortion of historical facts. For years, various actors have attempted to rewrite the history of that critical period in Nigeria’s democratic evolution.”

The Abacha family also urged Nigerians to be cautious of what they termed “revisionist narratives” intended to manipulate public perception for political gain.

“We urge Nigerians to be wary of revisionist narratives that seek to manipulate public perception for personal or political reasons.

“The memory of our late father and leader, General Sani Abacha, must not be tarnished by baseless accusations meant to absolve those who were truly responsible,” the statement continued.

In conclusion, the family slammed Babangida’s autobiography for failing to present an honest account of events, stating, “We regret that A Journey in Service missed the opportunity and failed to make history as a truthful and objective account of past events.

“As one public commentator aptly put it, honesty, sincerity, and integrity are virtues not commonly associated with the author.”

Source: Newspoint
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