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FG’s Hike in Electricity Tarriff Insensitive, Unpopular, Will Attract Consequences – NLC

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The Federal Government, on Friday, insisted on the 240 per cent hike in tariff payable by power consumers in the band ‘A’ category despite calls for its reversal.

It also revealed that the subsidised power pricing regime would be for the short term, with a transition plan to achieve a full cost-reflective tariff within a period of three years.

However, the decision did not go down well with the Nigeria Labour Congress, which told the Federal Government to prepare for the consequences of the tariff hike, which it described as wicked and unpopular, stressing that since the government preferred to listen to the World Bank and International Monetary Fund, it should be ready to face the consequences.

The Head of Information, NLC, Benson Upah, told Saturday PUNCH, “We did say earlier that this tariff hike is insensitive and unpopular. So if the government elects to continue with the hike or persists in something that is evil, I’m sure it is equally prepared for the consequences of that evil.

“The manufacturers are saying this is going to hurt businesses and make the environment more hostile, and we also said so. There is no place in the world where high power tariffs have supported manufacturing. Not even in the developed world.

“So, it completely beats our imagination for the minister to have the audacity to say that the policy would continue. What this means is that the minister and the President are not in charge. It is saddening that the minister elected to pursue an unpopular policy.”

Upah added, “It shows that the minister and the President are not in charge. The people in charge are the World Bank and the IMF. They are the ones driving this highly injurious policy.

“So, our leaders should be prepared for the consequences of this highly injurious policy. That is what I’ll say about this issue for now.”

Manufacturers and the organised labour had kicked against the hike in tariff payable by about 1.9 million consumers, which was approved and announced by the Federal Government on Wednesday.

Subsidy on electricity was withdrawn completely from the tariff of consumers on the band A category, which constitute about 15 per cent of the total 12.82 million power consumers across the country.

The government announced the hike in electricity tariff at a press briefing in Abuja by NERC, adding that those affected would pay N225 per kilowatt-hour, up from the previous rate of N68/kWh, representing about 240 per cent increase.

The government stated that the decision took effect on April 3, 2024.

But the Organised Private Sector, NLC, and the Trade Union Congress kicked against the hike in tariff for power users and demanded that the decision be reversed.

They argued that the hike in tariff would send manufacturers out of business, worsen inflation and stifle small and medium enterprises, adding that there was no place in Nigeria currently enjoying up to 20 hours of power supply daily.

Band A power users are those who get up to 20 hours supply of electricity daily.

The Punch

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Assault: Bolt Driver Apologises to Abia Lawmaker, Loses Services of Lawyers

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Lawyers representing Mr. Stephen Abuwatseye, an Abuja-based Bolt driver who was allegedly assaulted by a member of the House of Representatives, Alex Mascot Ikwechegh, have withdrawn from his case.

The withdrawal came barely 24 hours after the driver made a volte farce by tendering an apology to his alleged assaulter who has since been docked in court by the police over his action.

Ikwechegh was arraigned after he had admitted that he manhandled the e-hailing cab driver and apologized for his unbecoming conduct.

However, in view of the recent turn of events in the matter, Abuwatseye’s lawyers said they were no longer ready to offer legal services to him.

A statement dated November 8, and signed by Zainab M. Otega of Deji Adeyanju & Partners and titled: “PUBLIC STATEMENT ON THE ALLEGED ASSAULT OF MR. STEPHEN ABUWATSEYE: WITHDRAWAL OF LEGAL REPRESENTATION,” read:

“We wish to formally announce the withdrawal of our legal representation in the case involving the alleged assault of Mr. Stephen Abuwatseye.

“On October 28, 2024, Mr. Stephen Abuwatseye walked into our law firm, visibly distressed, and sought redress over an alleged assault. Following his complaint, and having verified his claim, we took steps to protect Mr. Stephen Abuwatseye’s rights, on pro bono basis, culminating in the arraignment of the alleged assaulter.

“However, in view of recent developments and after careful consideration, we have made the decision to withdraw our legal representation in other to protect our professional integrity and maintain the highest ethical standard in the legal profession.

“We wish Mr. Stephen Abuwatseye the very best, while we assure the general public of our continuous commitment towards protecting the rights of the oppressed and indigent members of the society.”

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Again, National Grid Collapses, Second Time in Three Days

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The national power grid has collapsed for the second time in three days, leading to blackouts in several parts of the country.

A check on the Nigerian System Operator’s portal (niggrid.org) showed that power generation dropped to zero megawatts at 11:30 am, affecting all 22 generation companies across the country.

Several electricity distribution companies corroborated this on their social media platforms.

“Please be informed that we experienced a system outage today 07 November 2024 at 11:29Hrs affecting supply within our network,” the Ikeja Electricity Distribution Company (EKEDC) serving parts of Lagos wrote on X.

“Restoration of supply is ongoing in collaboration with our critical stakeholders.
Kindly bear with us.

Meanwhile, Electricity Distribution Companies (DisCos) have jerked up metre prices, a few months after a similar increase.

The new price regime became effective on November 5, 2024, according to posts on social media platforms of the various DisCos.

With the recent move, the price of a single-phase metre has jumped from around N117,000 to about N149,800. This is dependent on the DisCo and the metre vendor.

A check by Channels Television indicated that the Eko DisCo put the price of its single-phase metre between N135,987.5 and N161,035 and pegged that of a three-phase meter between N226,600 and N266,600.

On its part, the Ibadan DisCo told its customers to pay from a range of N130,998 and N142,548 for a single-phase metre and N226,556.25 – N232,008 for a three-phase metre.

The Abuja DisCo said the price range for a single-phase metre is from N123,130.53–N147,812.5 and N206,345.65–N236,500 for three-phase metres.

Similarly, the Kano Electricity Distribution put N127,925–N129,999 as the price range for a single-phase metre while three-phase metres cost between N223,793–N235,425.

The Kaduna DisCo put its price for a single-phase metre between N131,150 and N142,548.94 and N220,375—N232,008.04 for three-phase metres.

This recent move came months after the Nigerian Electricity Regulatory Commission (NERC) announced the deregulation of metre prices under the Meter Asset Provider (MAP) scheme for end-user customers.

It said this is to address the protracted issues around metre supply and pricing within the sector.

With the development, DisCos and metre vendors can now fix prices based on the economic realities in the country, helping investors recover their money and ensuring the availability of the metres.

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Tax Reforms: Ndume Mocks Tinubu, Says Bill Dead on Arrival

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The Senator representing Borno South Senatorial District in the National Assembly (NASS), Ali Ndume, has declared that the tax reform bills sent to the legislative arm of government by President Bola Tinubu are dead on arrival.

Ndume argued that the President should listen to the National Economic Council (NEC) and the Northern Governors’ Forum and immediately withdraw the bills.

“If it goes on like that, I can tell you that it will be dead on arrival. We don’t need to study the bills,” the unsparingly blunt lawmaker said on Channels Television’s Politics Today programme on Tuesday.

Ndume, one of the longest serving lawmakers in the National Assembly, said the Federal government should be looking at ways to reduce the tax burden on Nigerians and not increase it.

“The general thing is that Nigerians are not willing to talk about or pay any tax now considering the (economic) situation we are in now,” he said.

“Nigerians are willing to pay taxes but they can only pay taxes when they can afford it. Right now, people are struggling to survive. Let people live first before you start asking them for taxes,” he added.

The senator said: “It will be fair to shut the bill down; it is the fairest thing to do”, indicating that he has started campaigning against the bills among his colleagues and he is getting good support to throw out the bills.

Ndume, a stalwart of the ruling All Progressives Congress (APC),  said the Tinubu administration needs to reform itself and not increase taxes paid by Nigerians.

“What he (Tinubu) needs to do is to withdraw the bill, educate Nigerians and make us understand it. We are representing the people and the people that we are representing have already spoken.

“The governors, the traditional rulers have said that the bill is not good. So, the best thing to do is to immediately withdraw it.

“Right now, what our people are saying is that they don’t want VAT bill, they don’t even want to hear about it. That is why we are going to make it dead on arrival.”

The tax reform bills which have been sent to the National Assembly have faced scathing criticisms with the 36 state governors asking the President to withdraw the bills from the legislature.

However, the President insisted that the bills would not be withdrawn, saying that “inputs and necessary changes” can be made by the lawmakers.

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