
Nigeria Labour Congress, NLC, has expressed concern over incessant and exorbitant review of electricity tariff by the Federal Government.
In a statement, weekend, by its President, Abdulwahhed Omar, the NLC expressed shock that the tariff had arbitrarily been increased from N225 to over N700, even without steady power supply.
“This review, whether done suddenly or in advance, is without justification or rationale and stand condemned as it will negate whatever gains expected to be recorded by the much vaunted reform in the power sector.
“Congress believes that the multi-year tariff structure as designed by Nigerian Electricity Regulatory Commission, NERC, tacitly approved by government, only protects the interest of investors in the power sector and has little or no consideration for consumers, most of whom are poor and incapable of paying.
“Judging from the yearly percentage increase (which covers a fifteen year period in the first instance), it is predictable that less than ten percent of the present consumers will be able to pay these outrageous tariffs in the next few years.
“The consequences of structuring electricity tariffs that are unreasonable and unaffordable have grave implications for the economy and the people. This is a sad commentary on the power reform process, as it speaks volumes about its transparency, viability and ability to deliver in the interest of the nation,” the statement read.
NLC argued that a viable power sector was key to revamping and repositioning the economy, stressing that nothing should be done to undermine this objective, but noted that the reforms in the sector should be done with the masses at heart.
“A reform process which does not carry along its people or protect their interest has only one direction to go – the abyss – and stands condemnable,” it added.
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