The Federal Government should cease enacting policies that will "kill Nigeria and its economy," according to Joe Ajaero, President of the Nigeria Labour Congress.
In response to DISCOS's recent decision to raise the electricity rate for Band A consumers, Ajaero made this remark.
On Wednesday, discos all throughout the nation revealed a Band A customer increase. Months have passed since the last increase in announcements.
According to a report by The PUNCH, the Nigerian energy Regulatory Commission, on behalf of the Federal Government of Nigeria, has mandated an expeditious review of energy pricing beginning on Wednesday, April 3.
Group Customers are guaranteed an average daily supply of 20 hours of electricity, but many claim they never receive that much.
In January, NERC announced that the Nigerian government would provide up to N1.6 trillion in subsidies for power by 2024.
The Chairperson of the NERC, Sanusi Garba, revealed a new plan for power rates that consumers in the nation would have to pay.
Garba stated that the order specifies the proper tariffs that consumers must pay in order for investors to recoup their operational expenses.