Tariff hike: Why Labour disconnected NERC, TCN, DisCos’ offices
lSays privatization in power sector colossal failure *Demands complete reversal *We’ve heard your concerns, NERC Chairman lWe’ll go back to drawing board, FG tells labour Organized Labour yesterday shut down the headquarters of the Nigeria Electricity Regulatory Commission, NERC, the Transmission Company of Nigeria, TCN, and Abuja Electricity Distribution Company, AEDC, headquarters over the recent hike in electricity tariff. Under the aegis of the Nigeria Labour Congress, NLC, and its Trade Union Congress of Nigeria, TUC, Organised Labour which demanded a reversal of the hike, also shut down state offices of electricity distribution companies, DisCos, across the country. It noted that the privatization in the power sector was a ‘colossal failure ‘ and demanded a complete reversal of the exercise and recovery of all public electricity assets sold. Recall that leaders of NLC and their TUC counterparts had on May 3, 2024, written to the Minister of Power, and the C...