Until recently, many Nigerians were unaware that a national grid collapse was even a possibility. Unfortunately, what once seemed rare has now become a frequent occurrence—moving from a monthly event to weekly, and now almost daily. Today, October 19, Nigeria experienced yet another national grid collapse—the third time this week and the eighth time this … Read more
Minister of Power, Adebayo Adelabu, has assured Nigerians that electricity costs may decrease in the coming months. EKO HOT BLOG reports that this announcement comes as efforts to improve power generation and distribution continue nationwide. Despite rising concerns over electricity tariffs, Adelabu noted that electricity remains a more affordable option compared to running generators on … Read more
Labour Party in Lagos urges Tinubu-led government to rethink electricity tariff hike. Concerns raised over NERC’s 300% tariff increase, citing potential economic strain. LP suggests tariffs should not exceed 25%, advises against subsidy removal. EKO HOT BLOG reports that the Lagos chapter of the Labour Party (LP) has called on the Bola Tinubu-led Federal Government to … Read more
In light of the recent decision to implement a whopping 240 per cent increase in electricity tariffs for Band A consumers, Nigerians are rightfully concerned about the impact this will have on their already strained finances. This decision, backed by the Federal Government despite widespread opposition, has sparked outrage and raised serious questions about its … Read more