Happening now – Electricity/fuel price hike: Organised Labour Leaders locked in meeting with FG, hours to NLC strike (Pictures)

September 27, 2020 Editor 0

Leaders of the organised Labour are locked in a last-minute meeting with the representatives of the federal government over planned strike by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC). The proposed strike was to compel President Muhammadu Buhari-led government to shift ground on the recent increase in electricity tariff and fuel price. The meeting is taking place Read More

Breaking – Electricity tariff/fuel price hike: Judicial workers go on strike

September 25, 2020 Editor 0

Day after a court injunction stopped the Nigeria Labour Congress (NLC) from going on strike, Judicial workers of the Federal High Court across the country declared their intention to commence a two-week strike as from Monday September 28, 2020. The workers made their intention known via a circular seen within the High Court premises. The circular indicated that the strike Read More

JAF protest ‘obnoxious’ fuel, electricity tariff hike in Ibadan

September 16, 2020 Bayo Agboola 0

The Joint Action Front (JAF) Wednesday in Ibadan kicked off its mass mobilisation of Nigerians against the increment in the price of petroleum and electricity tariff in Ibadan. Speaking at the mass mobilisation, JAF coordinator in Oyo state, Professor Ademola Aremu, asked Nigerians to be ready to resist the increment in electricity tariff and fuel price hike. Prof Aremu, while Read More

Why Nigerians thumb down new electricity tariff

September 4, 2020 TOPE SUNDAY 0

After many months of delay and stiffer opposition, the new electricity tariff regime started on September 1, 2020. TOPE SUNDAY takes a look at the hue and cry over the development. Since Monday, September 1, 2020, when the tariff of the electricity was hiked, Nigerians have been expressing their anger over the development. For them, the hike was ill-timed following Read More

Banks now responsible for DisCos collections, remittances to NBET, TCN — CBN

August 25, 2020 Segun Odunewu 0

Collections and remittances of electricity distribution companies to both the Nigerian Bulk Electricity Trading (NBET) and the Transmission Company of Nigeria (TCN) will now be the responsibility of banks providing guarantees to DisCos. In a recent circular issued by the Central Bank of Nigeria titled DMB Led Electricity Market Collections and addressed to “All Banks,” DMBs providing Bank Guarantees to Read More

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NERC partners NASS on power sector’s legal framework

The National Assembly (NASS) said it is working with the Nigerian Electricity Regulatory Commission (NERC) to put in place a legal framework that will protect investment in the power sector. Chairman, Senate Committee on Power, Senator Gabriel Suswan, stated this in Abuja on Monday when he led members of the committee on an oversight visit to NERC Headquarters. Suswan said Read More

Bichi power sub-station catalyst for economic recovery – Ganduje

July 12, 2020 Bashir Mohammed 0

Governor Abdullahi Umar Ganduje of Kano state has said the installation of Bichi power sub-station by the Transmission Company of Nigeria (TCN) will trigger post COVID- 19 economic recovery. Ganduje said “the project will facilitate steady power supply to seven local government areas in the vicinity of Bichi local government area, thus reviving economic activities in the area back to Read More

NASS wades in, halts planned hike in electricity tariffs

June 30, 2020 Taiye Odewale 0

The leadership of the National Assembly on Monday waded into the controversy on the planned hike in electricity tariffs from July 1, 2020 and succeeded in convincing the Distribution Companies (DISCOs) to defer the plan till the first quarter of 2021. The President of the Senate, Ahmad Lawan, the Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, and Read More

Rumbling at power sector over TCN boss’ sack

May 26, 2020 TOPE SUNDAY 0

In the last one week, Nigeria’s power sector has been swimming in controversies over the removal of the immediate past Managing Director of the Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed. TOPE SUNDAY reports. On May 19, 2020, Minister of Power, Engr. Sale Mamman, sacked the Managing Director of Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed. Read More