Nationwide protest against increase in electricity tariff fails to disrupt power supply
The nationwide protest organised monday by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC) against the recent increase in electricity tariffs did not disrupt power supply, as the police and other security agencies deployed in the offices of electricity distribution companies (Discos) and power installations in the country ensured that the protest was peaceful.
This was just as the Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, said Monday that the federal government and other stakeholders in the electricity value chain must do everything to protect the current stability in the electricity supply industry, which he described as comforting.
The minister, who spoke monday in Lagos when he presided over the second sectoral meeting of CEOs of the Discos, generation companies (Gencos), Transmission Company of Nigeria (TCN), Niger Delta Power Holding Company, Nigerian Bulk Electricity Trading Plc (NBET), as well as other agencies in the power sector, restated that the current tariff regime, which was designed to last for 10 years, would start decreasing after the second year.
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