Save Nigeria Group warns power investors against unnecessary tariff hike


Pastor-Bakare1A civil rights organisation, Save Nigeria Group, on Tuesday in Abuja called on the relevant agencies of the Federal Government to monitor the operations of the new private investors in the power sector to avoid unnecessary hikes in electricity tariff.

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The group, which commended the Ministry of Power for paying over 40,000 out of the 48,000 disengaged workers of the Power Holding Company of Nigeria their severance packages, also said efforts should be made to pay the remaining workers in line with the agreements reached by the stakeholders.

The National Coordinator, SNG, Benedict Ezeagu and Public Relations Officer, Francis Olabode, who made these demands at a news briefing, urged the new investors to always ensure uninterrupted power supply in the country.

The SNG said, “The Federal Government, through the Nigerian Electricity Regulatory Commission and the Bureau of Public Enterprises, should monitor the operations of these private investors and do everything necessary to allay the fears of Nigerians about incessant hikes in electricity tariff following this transfer of ownership  of power distribution to the private sector.

“The NERC as the regulator of the electric power sector must ensure that all the new stakeholders in the sector play according to the rules, and that the new investors do not rip off Nigerians.”

The group also commended both the Federal Ministry of Power and the PHCN workers for their maturity in handling the initial trade dispute, which, it said, would have thrown Nigeria into complete darkness with devastating consequences.

“Thus, while we commend the Ministry of Power for the efforts made so far to pay over 40,000 of the about 48,000 disengaged PHCN workers their severance packages, we further make a passionate appeal that the remaining PHCN workers, who have yet to receive their severance packages due to the reported lack of biometric data records, are promptly paid their entitlements as agreed by the parties, including those described as casual workers among them,” it stressed.


Babatunde Akinsola
Babatunde Akinsola
Babatunde Akinsola is aNaija247news' Southwest editor. He's based in Lagos and writes on the Yoruba Nation political issues, news and investigative reports

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