Connect with us

Featured

FG Refuses To Confirm Electricity Tariffs’ Increase

Published

on

Minister of State for Power, Mr. Goddy Jedy-Agba has said he was incompetent to speak on the speculated secret increment in electricity tariffs.
Speaking to journalists on the sidelines of a public hearing on the bill to amend Electric Power Sector Reform Act, 2005 to Provide the Legal and Institutional Framework for the Implementation and Coordination of Rural Electrification projects, Establishment of the National Power Training Institute and Regulatory provisions to Strengthen the Sector for Efficient Services Delivery and for Related Matters’, held at the instance of House Committee on Power chaired by Hon. Aliyu Magaji, Agba said that all enquires should be channelled to Nigerian Electricity Regulatory Commission (NERC).
The Secretary General of National Union of Electricity Employees (NUEE), Comrade Joe Ajaero had earlier in the hearing condemned the arbitrary increase by NERC
Agba said: “Where is the Chairman NERC? He’s the one that does anything on tariff. I can’t speak on tariff. He’s the chairman of NERC that can speak on tariff.”
Reminded that he was the supervising Minister of NERC and other regulatory agencies, he added “No, no, no, don’t put me in a corner. There’s a chairman responsible for NERC. You want me to tell you what does not apply and you hold me on to that responsibility?”
Earlier in his presentation, Ajaero criticised the injection of about N3trillion into the electricity companies without adequate supply for over 10 years.
He said: “There has not been meaningful improvement or contribution by the current investors 9 years after privatization and 17 years after the Electric Power Sector Reform Act, 2005 was signed into law.
“Our position on privatization is clear, but we are worried whether the amendments are critically based on market private public where we belong now.
“Having tried privatization for 10 years, and we are doing just the amendment of sections of the act and even the review provision in the act which gives provision for the review of the sector after five years and we have written consistently and it has not happened.
“This Act, are we really obeying it? If there is provision for review after five years, and Nigerians are groaning, consistently Nigerians are complaining and we say privatization was based on the fact that government doesn’t have any business in it and government is pumping in money to an individual’s business.
“As we speak now, almost N3trillion has been pumped into the power sector which wasn’t there when it was owned by the government. So, what’s the logic to say government has no business in business and government now has to pump and fund the business of another man. And we need to sit down and see what is working for us.
“That is why we came here to say the laws we made by ourselves, we can pause and look at it and move on. Since nobody has talked about reversion of privatization, but let’s see how it can ft us.
“As we are speaking today, the issue of tariffs is on. If government is pumping in trillions and Nigerians are being compelled to pay, you can see what is happening. The country is suffering.
“If you put two trillion (naira) in the economy of Nigeria today, it will thrive, but it is being pumped into business owned by individuals. Let’s look at. What is the cost benefit analysis of this if we have to take our money, and go and check the records, for about 10 years before privatization, government didn’t put ten percent that money into the sector but it’s putting it now.
“For another 10 years, no increase in generation, no conscious master plan, there is no plan in the country that by next year power plant will come into the system. None for the next two years nor three years for power generation to be constant, at 4,000 Megawatt, and demand will continue to increase because more houses will be built, connect on and on.
“So, if this is reduced to public hearing and no action is taken further on how to make the system work, and Nigeria is still at the bottom of countries suffering power poverty all over the world.
“The normal concept is one million people to one thousand megawatt, and we have a country of 200million people with 4 to 5 thousand Megawatt, nobody is talking about it.
“During the Babangida era there was feasibility study on Mambila which had the capability of giving what we are having in this country today and from that period till now nothing has happened. The same thing with Zungeru.
“The union doesn’t want to bask in the euphoria of the Act/law which does not provide one megawatt to the system. The union doesn’t want to bask in the euphoria of having 19 companies, 19 MD’s and ED’s on 4,000Megawatts.
“The company that was owned by one ED before will now multiply. The multiplication of 19 successor companies did not add one megawatt. So, what’s the honest sense of sweeping in 200 companies knowing the generation is constant.
“The option of government controlling 60percent shares of the facilities as against the present 40% (inclusive of the negotiated 10% equity shareholding for staff in line with the laws setting up the National Council on privatization (NCP) is imminent as the Private Sector Operators have clearly shown lack of capacity to construct a simple Power Plant since the last 9 years.
“Besides, the Federal Government has continued to fund the sector. Available statistics shows that about N400billion was realized from the privatization of the Power sector with the Federal Government investing over one trillion thereafter”.
In his remarks, the House Committee chairman, Hon. Aliyu Magaji disagreed with the Nigerian Governor’s Forum (NGF) over power generation and distribution in the country.
“They think and feel that there is a constitutional provision that gives them the right to form a regulatory agency in the country. NGF also wants each state to generate and distribute power across states of the federation.
“As a committee, we have received their documents, we shall look at it thoroughly and critically and decide the next step to take.
“Our intention as a committee is not to go after anybody but to break the monopoly; the Constitution of the Federal Republic of Nigeria is very clear on power generation and control,” he said.
Similarly, consultant to NGF, Eyo Ekpo, said that states have a right under the law to legislate on electricity issues.
“And the Constitution is quite explicit actually in paragraph 14 of schedule 2 where it is explicitly stated that the states have power to make laws for electricity operations that are conducted within the boundary of their states.
“Of course, like it does not with the federal government which has similar power to make laws for electricity generation and transmission that is across the states, similarly, the Constitution grants to the states the power to make laws for electricity business that is conducted within their states.
“So, to the extent that the chairman has said there is a conflict, I will not say there is a conflict. Rather, there is a clear cut separation. Electricity business that crosses border is quite distinct from electricity business that is conducted entirely within the boundary of a state.
“What we are saying as states is that the moment a state makes its own law for electricity to be conducted within its borders, it has the sole and exclusive responsibility for that aspect alone,” he said.

Featured

No Child Should Be Denied Access to Education – Fubara

Published

on

The Rivers State Government has called on stakeholders, community leaders, parents and relevant education authorities to intensify efforts to identify and enrol out-of-school children across Nigeria, stressing that every child deserves access to quality and inclusive education.

Governor Siminalayi Fubara made the call, yesterday, during the regional campaign on engaging community structures to promote the enrolment of out-of-school children and the regional flag-off of the 2026/2027 enrolment drive for southern states, held in Port Harcourt.

Represented by the Secretary to the State Government, Dr Dagogo Wokoma, Governor Fubara reaffirmed that education remains a fundamental pillar of sustainable development and emphasised the need to ensure that no child is left behind because of economic hardship, social background or other barriers to schooling.

He noted that expanding access to education was essential to promoting sustainable development, social inclusion and equal opportunities, enabling children to reach their full potential and contribute meaningfully to society.

The governor urged participating states and communities to translate their commitments into concrete and measurable actions by reaching vulnerable children, strengthening community engagement and encouraging parents and guardians to make their children’s education a priority.

He reiterated the state government’s commitment to initiatives aimed at expanding access to education, particularly for children excluded from formal schooling.

“Rivers State remains committed to supporting initiatives that expand access to inclusive and quality education, particularly for vulnerable children who may have missed the opportunity to attend formal schools,” Fubara stressed.

Also speaking, the Executive Secretary of the Universal Basic Education Commission (UBEC), Aisha Garba, described the growing number of out-of-school children as one of the major challenges confronting the education sector.

She called for a collective and collaborative approach among governments, communities, parents and other stakeholders to address the problem, stressing the need to ensure that no Nigerian child is denied the fundamental right to education.

The programme was organised by the Universal Basic Education Commission in collaboration with the Rivers State Government, as part of efforts to strengthen community participation and promote school enrolment across the southern states for the 2026/2027 academic session.

 

Continue Reading

Featured

FAAC: FG, States, LGs Share N2.428trn For September

Published

on

The Federation Account Allocation Committee (FAAC) has shared the sum of N2.428 trillion among the Federal Government, 36 states government and the 774 Local Government Councils (LGCs) as revenue for the month of September.

The Director, Press and Public Relations, Office of the Accountant-General of the Federation (OAGF), Mr Bawa Mokwa, said this in a statement in Abuja, yesterday.

Mokwa said the allocation was approved by FAAC at its October meeting held in Abuja.

He said the N2.428 trillion distributable revenue comprised of statutory revenue of N1.672 trillion, distributable Value Added Tax (VAT) revenue of N756.587 billion.

Mokwa quoted the FAAC communiqué as saying that total gross revenue of N3.913 trillion was available in the month of September 2026.

He said a total deduction for cost of collection was N131.758 billion while total transfers, refunds and savings of N1.352 trillion.

According to him, a gross statutory revenue of N3.096 trillion was received for the month of September 2026.

“This was higher than the sum of N2.850 trillion received in the preceeding month by N246.384 billion.

“Gross revenue of N816.872 billion was available from the Value Added Tax (VAT) in September 2026.

“This was lower than the N834.843 billion available in the month of August 2026 by N17.972 billion,” he said.

Mokwa explained that the Federal Government received N832.242 billion and the state governments received the sum of N799.872 billion.

He said the LGCs received N560.660 billion, while the sum of N236.049 billion (13% of mineral revenue) was shared to the benefiting state as derivation revenue.

Mokwa said in the N1.672 billion distributable statutory revenue, the Federal Government received N756.583 billion and the State Governments received N383.749 billion.

He said the LGCs received N295.855 billion and the sum of N236.049 billion (13% of mineral revenue) was shared to the benefiting States as derivation revenue.

The director said from the N756.587 billion distributable Value Added Tax (VAT) revenue, the Federal Government received N75.659 billion, the State Governments received N416.123 billion and the LGCs received N264.805 billion.

“In September 2026, Petroleum Profit Tax (PPT), Hydrocarbon Tax (HT), Petroleum Royalties, Import Duty, CET Levies and Excise Duty increased significantly.

“Also, Companies Income Tax (CIT), CGT & SDT, Value Added Tax (VTA), Mineral Royalties, and Gas Flared Penalty, Rental Gas Flared Fee and Misc. Oil Revenue decreased considerably,” he said.

 

 

 

 

 

Continue Reading

Featured

NLC Gives FG Two-Week Ultimatum To Reduce Petrol Price …Begins Minimum Wage Talks

Published

on

The Nigeria Labour Congress (NLC) has given the Federal Government a two-week ultimatum to reduce the price of petrol, commence renegotiation of the national minimum wage and implement outstanding agreements with workers.

The ultimatum followed a joint meeting of the National Executive Council and Central Working Committee of the NLC held at the Olaitan Oyerinde Hall, Labour House, Abuja.

In a communiqué signed by the NLC President, Joe Ajaero, and made available to newsmen, yesterday, the union said the two-week ultimatum would commence on Friday, October 9, 2026.

It warned that failure by the government to meet its demands would compel the Congress to take further action.

The NLC specifically demanded that the government reduce the price of Premium Motor Spirit to the level it was when the current national minimum wage was signed into law in 2024.

It also demanded the immediate commencement of negotiations for a new minimum wage, implementation of the February 5, 2026, Terms of Settlement reached with the Joint Health Sector Unions and Assembly of Healthcare Professionals, and action on the demands of the Joint Public Sector Negotiating Council.

The Congress further demanded tax relief and immediate wage awards for workers, arguing that the measures were necessary to cushion the impact of rising living costs.

The NLC said, “The current national minimum wage has been rendered worthless by the relentless depreciation of the naira and the astronomical rise in the cost of living.”

It added that workers could no longer meet basic needs, including food, shelter, healthcare, transportation and education, on their current earnings.

The labour body, therefore, demanded that the Federal Government commence renegotiation of the national minimum wage before the end of October.

“NEC-in-session demands that the Federal Government commence the renegotiation of the national minimum wage before the end of this month,” the communiqué stated.

The Congress also linked the erosion of workers’ purchasing power to the high cost of petrol, saying the price of the commodity had continued to drive up transportation costs and the prices of other essential goods.

“The exorbitant pump price of petrol has had a cascading effect on the cost of transportation, food, and other essential goods, further deepening the hardship of workers and the masses,” it said.

The NLC further demanded that the government grant tax relief to workers and immediately introduce wage awards, describing the measures as “the bare minimum required to alleviate the suffering of Nigerian workers and restore a measure of dignity to their lives.”

The latest ultimatum escalates the labour movement’s pressure on the Federal Government after public-sector workers under the Joint National Public Service Negotiating Council embarked on a three-day warning strike earlier in October over rising living costs, petrol prices, wage awards and minimum wage negotiations.

The workers had demanded, among other measures, a reduction in petrol prices and the commencement of negotiations for a new minimum wage.

The NLC had also raised concerns in September over the declining purchasing power of workers, with Ajaero arguing that the N70,000 minimum wage had been overtaken by increases in the cost of food, transportation, housing, education and other essential expenses.

The current minimum wage was approved by President Bola Tinubu in July 2024 after negotiations involving the government, organised labour and the private sector.

Tinubu increased the Federal Government’s offer from N62,000 to N70,000 and agreed that the wage should be reviewed after three years rather than five years.

The NLC’s latest demand comes as the Federal Government announced fresh measures aimed at containing petrol-price pressures.

Yesterday, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said the government was negotiating a ceiling of N1,350 per litre on the ex-gantry or landing cost of petrol, with monthly reviews, as part of measures to reduce price volatility.

The proposed ceiling does not mean petrol would necessarily sell at N1,350 per litre at filling stations.

The government also announced a 30-day discount on petrol dispensed by the Nigerian National Petroleum Company Limited (NNPCL), with priority given to public transporters.

Oyedele said the arrangement was not a return to subsidy but an effort to sell the product at cost.

However, the NLC is seeking a more substantial reduction, insisting that petrol should return to the price level that prevailed when the N70,000 minimum wage was enacted in 2024.

The Congress also called for the implementation of the agreement reached with JOHESU in February, as well as the demands presented by the Joint Public Sector Negotiating Council.

It warned that failure to respond within the two-week period would have consequences.

“Failure of which the NLC will be compelled to take remedial steps as would be directed by the relevant organs,” the communiqué said.

The union consequently directed its affiliates and allies to remain prepared for further action.

“NEC-in-session reaffirms the historical responsibility of the NLC to resist all forms of exploitation and oppression,” it stated, urging its affiliates to remain “on high alert and fully prepared to engage in decisive efforts against all anti-people policies.”

The development also comes amid fresh labour tensions in Abuja, where the FCT Council of the NLC commenced an indefinite strike on Wednesday over disputes with the FCT Administration concerning teachers’ promotion policies.

The council directed workers across public and private establishments to withdraw their services after the expiration of a seven-day ultimatum.

The latest NLC ultimatum puts renewed pressure on the Federal Government to address wage and fuel-price concerns as both sides grapple with disagreements over the implementation of previous labour agreements and measures to cushion the impact of economic reforms.

The NLC said its demands were aimed at protecting workers and the wider population from further deterioration in their standard of living, insisting that Nigerian workers must remain “resolute, organised, and uncompromising” in the struggle for improved living conditions.

 

Continue Reading

Trending