Politics
Nigerian Electricity Distribution Companies Reportedly Planning Nationwide Tariff-Hike From January 1, 2024
Electricity distribution companies (DisCos) in Nigeria are allegedly contemplating a nationwide increase in electricity tariffs starting from January 1, 2024, according to a source within one of the DisCos who confirmed the development to Nivo News under anonymity. As of Sunday morning, there has been no response from the Nigerian Electricity Regulatory Commission (NERC) or the Abuja Electricity Company regarding Nivo News’ inquiry into the planned tariff hike….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

In an interview with Nivo News, Kunle Olubiyo, the President of the Nigerian Consumer Protection Network, expressed concern, stating that any proposed electricity tariff hike would be deemed irresponsible on the government’s part. Olubiyo emphasized that Nigerians are already grappling with the repercussions of fuel subsidy removal, escalating inflation, and other economic reforms initiated by Tinubu’s administration.
According to Olubiyo, “Increasing electricity at this time, coupled with the impact of fuel subsidy removal, inflation, and other hardships facing Nigerians, will be insensitive on the part of the government. It is outright irresponsible for the government to allow an electricity tariff hike.”
It’s worth recalling that in November 2023, President Bola Ahmed Tinubu halted the implementation of the electricity tariff increase, advocating for a power sector subsidy. Minister of Power, Adebayo Adelabu, explained that the power sector is highly sensitive to leadership decisions and emphasized that the government still subsidizes power, making it challenging to immediately implement a cost-reflective tariff. NERC’s quarterly reports revealed substantial electricity subsidies of N204.59 billion in Q3 2023 and N135.23 billion in Q2, surpassing the N36.02 billion in Q1 2023.
latest
“I Stand On My Own Feet”: Adekanmbi Disowns Governor Makinde Surrogate Claims!
-
Strong Rebuttal: Abimbola Adekanmbi, the governorship candidate for the Allied Peoples Movement (APM) in Oyo State, has firmly rejected allegations that he is being sponsored or controlled by Governor Seyi Makinde.....KINDLY READ THE FULL STORY HERE▶
-
-
Pledge for Independence: Speaking during an interview on Arise News on Tuesday, the former Commissioner for Finance declared that, if elected, he would run an independent administration based on his own policy agenda and would take full responsibility for his decisions.
-
Clearing the Air: Adekanmbi explained that his political relationship with Makinde should not be misconstrued, revealing that the governor had even advised him not to inherit the political disputes or liabilities of the current administration.
-
Inclusive Process: The APM candidate also dismissed claims that Makinde single-handedly handpicked the party’s candidates, stating instead that their emergence was the result of a transparent process involving consultations with various groups across the state.
-
latest
BETRAYAL OR AWAKENING? Charismatic Bishops Drop Peter Obi, Declare Total Support For Tinubu’s 2027 Bid!.
-
Clerical Shift to Tinubu: The Charismatic Bishops’ Conference of Nigeria, headed by Leonard Kawas, announced that its members have switched their allegiance from 2023 presidential candidate Peter Obi to President Bola Tinubu for the 2027 election.....KINDLY READ THE FULL STORY HERE▶
-
-
Principled Stance: In an interview with Channels Television, Kawas explained that his initial backing of Obi in 2023 was a matter of conviction rather than convenience, and their current decision to support Tinubu is guided by a belief that the administration is on the right track to elevate Nigeria.
-
APC Campaign Appeal: Meanwhile, Abdulaziz Yari, Director-General of the APC Presidential Campaign Council, has called on the North to back President Tinubu’s second-term ambition for 2027.
-
Call for Reciprocity: During a visit to the palace of the Oba of Lagos, Rilwan Akiolu, the former Zamfara State governor argued that the North should reciprocate the backing Tinubu historically provided to former President Muhammadu Buhari, including stepping aside in 2019 to allow the North to complete its tenure.
-
latest
Carabao Cup: Benjamin Fredrick Set For Brentford Debut, Onyeka Faces Late Fitness Test
Brentford defender Benjamin Fredrick is in line to make his competitive first-team debut for the club in tonight’s Carabao Cup match against Reading on September 15.....KINDLY READ THE FULL STORY HERE▶
-
Fredrick’s Journey: The 21-year-old initially joined Brentford on loan from Simoiben Football Academy in August 2023 before the move was made permanent in April 2024. After spending the 2025/26 season on loan at Belgian side Dender EH, his campaign was cut short by a knee injury sustained on international duty with Nigeria in November, which also forced him to miss the 2025 Africa Cup of Nations. Brentford manager Keith Andrews confirmed that Fredrick’s workload was managed by keeping him out of a B team game to ensure his readiness for tonight’s fixture.
-
Onyeka and Awoniyi Updates: Meanwhile, Coventry City midfielder Frank Onyeka faces a late fitness test ahead of their Carabao Cup third-round match against Aston Villa after picking up an injury during a 5-0 loss to Brighton & Hove Albion. Coventry will additionally miss Nigeria striker Taiwo Awoniyi, who is suspended following a red card received in the 53rd minute of the same match against Brighton.
-
latest1 year ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest3 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics3 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics3 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest3 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
