As Nigerians celebrate Workers’ Day, the Trade Union Congress (TUC) has issued a stern warning to the Nigerian Electricity Regulatory Commission (NERC) to reverse the recent electricity tariff hike within one week.
This ultimatum comes as a response to the unbearable burden placed on citizens, who are already struggling to make ends meet.
According to TUC President, Festus Osifo, the new electricity tariff is “unethical and unrealistic” for Nigerians to pay. Speaking at the 2024 Workers’ Day celebration in Abuja, Osifo expressed deep dissatisfaction with the country’s epileptic power situation, which is severely affecting economic growth.
Osifo emphasized that effective energy management is crucial for any nation’s development, stating that “any nation incapable of effectively and efficiently managing its energy resources faces certain ruin.” He stressed that power, regardless of its source, remains paramount in kickstarting any economy, while oil and gas are indispensable for robust energy success.
