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Anxiety over planned electricity tariff hike

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There is growing apprehension in the country over the planned introduction of a new electricity tariff regime, which is expected to take off today.

With the initial denial by the Distribution Companies (Discos) and the continued silence of the Nigerian Electricity Regulatory Commission (NERC) on the issue, Nigerians are confused as to whether they would start paying more for electricity from today or not.

Meanwhile, the Manufacturers Association of Nigeria (MAN) had disclosed that the planned increase was communicated to them earlier in June, adding that they hadn’t received contrary information from the DisCos.

Recall that the DisCos had jointly alerted their customers to a planned electricity tariff increase from today. Essentially, the NERC had years ago developed a mechanism called the Multi-Year Tariff Order (MYTO), under which the expected increase falls. MYTO provides a 15-year tariff path for the Nigerian electricity industry with limited minor reviews each year in the light of changes in a number of parameters such as inflation and gas prices and major reviews every five years, when all of the inputs are reviewed with stakeholders.

The DisCos, in statements sent to their consumers almost two weeks ago, hinged the planned increase on the MYTO, stating that the review was due to the fluctuation of the naira in comparison to the dollar in the exchange rate market.

Abuja Disco, for instance, told its customers that while some bands will have their tariffs increased to N100, others will have theirs raised higher.

“Effective July 1, 2023, please be informed that there will be an upward review of the electricity tariff influenced by the fluctuating exchange rate. Under the MYTO 2022 guidelines, the previously set exchange rate of N441/$1 may now be revised to approximately N750/$1, which will have an impact on the tariffs associated with your electricity consumption.

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“For customers within band C, with supply hours ranging from 12 to 16 per day, the new base tariff is expected to be N100 per kWh while Bands A with 20 hours and above and B with 16 to 20 hours, will experience comparatively higher tariffs. For customers with a prepaid metre, we encourage you to consider purchasing bulk energy units before the end of this month, as this will allow you take advantage of the current rates and potentially make savings before the new tariffs come into effect.

“For those on post-paid (estimated) billing, a significant increment is imminent in your monthly billing, starting from August,” the AEDC said

The Ikeja Disco (IEDC) and Eko Disco (EKDC) also sent similar messages to their customers. But AEDC turned around a few days after, appealing to its customers to disregard the planned tariff increase, as approval for such increment had not been received.

“Please disregard the circulating communication, regarding review of electricity tariffs. Be informed that no approval for such increments has been received. We regret any inconvenience,” AEDC said.

In the last three to four times that tariff had been increased in the country of late, NERC had done it quietly. Efforts to get a confirmation from the commission on what Nigerians should expect from today proved abortive as members of the commission that could speak for it, all kept sealed lips.

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However, a source within the commission, who pleaded anonymity, told The Guardian yesterday that NERC had, in a fresh memo, asked the DisCos to allow the first week of July pass before a decision is taken.

A source at the Manufacturing Association of Nigeria (MAN) headquarters in Abuja, who preferred to remain anonymous, told The Guardian that the DisCos were only trying to save face because of the outrage and that the increase would most likely still happen, but quietly this time. He added that it was strange to them that the NERC is silent as the DisCos are claiming that there is no increment in the offing as information communicated to them says otherwise.

“It is surprising to say the least that they are denying there is no increase in the offing. In a memo sent to us earlier in June on the review and codification of eligible customer regulations (ECR) and the guidelines on the competition transition charges (CTC), they said they were consulting us on proposed amendments to the ECR and the guidelines on CTC for the purpose of strengthening the implementation of the two regulatory instruments for improved service delivery and we are aware of what that means.

No other information has been communicated to us directly, so we take it that the increase is still going to happen but they don’t want to make noise about it. I can’t begin to describe how this would affect us going forward,” he said.

President, Nigeria Consumer Protection Network and Power Sector Perspectives Coordinator, Kunle Olubiyo, also said the tariff might be increased quietly again.

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“It has been done quietly in the past. It is until people start noticing changes in the unit that we will realise that it has been increased,” he said.

Meanwhile, most consumers took to Twitter yesterday over vending-related challenges as consumers engaged in panic buying ahead of today.

An end-user, Idowu Tidy, said he had bought units through his bank but did not get his token.
According to him, “please note that there is a delay in generating the token. Token will be sent shortly” was the message he got.

Akinlolu Olaniyan also expressed the same concern, noting that he sent emails and messages without getting a response.

“We need to call out Ikeja Electric on this vending issue. I feel it’s a scam to get many into the pool of recharging after the increment takes effect on July 1,” another consumer, who identified himself as Crown said.

In an attempt to improve revenue in the power sector and change the financial situation in the sector, the previous administration had approved a Service Based Tariff (SBT) approach where electricity tariff would increase twice a year.

The justification for the increase is to be based on increased power supply but the reverse is the case.

In the aspect of revenue, the distribution companies have been recording an increase in their books as they generated N681 billion from July 2022 to March 2023 but the state of electricity has remained the same or worse since the SBT came into effect.

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Wale Tinubu, Rabiu, others Join President Tinubu in Makkah for Umrah

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The Group Chief Executive Oando Plc, Jubril Adewale Tinubu; Chairman of BUA Group, Abdul Samad Rabiu, and several other Nigerian business mogul have joined President Bola Ahmed Tinubu in Makkah, Saudi Arabia, for the performance of Umrah, the lesser Islamic pilgrimage.

The presence of the prominent Nigerian business leaders alongside the President in the holy city has drawn attention, bringing together three influential figures from Nigeria’s political and business communities in a moment of religious observance.

Tinubu and Rabiu, both prominent names in Nigeria’s corporate landscape, were seen alongside the President dressed in the traditional white Ihram garments worn by Muslim pilgrims performing Umrah.

Umrah, unlike the obligatory Hajj pilgrimage, can be undertaken at any time of the year. It involves a series of religious rites in Makkah and holds profound spiritual significance for Muslims across the world.

For the Nigerian business community, the appearance of the corporate leaders alongside the President also offers a glimpse into the intersection of faith, business and public life, particularly when influential figures come together outside the usual settings of boardrooms, corporate engagements and official functions.

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The development comes as President Tinubu undertook the pilgrimage to seek divine guidance and offer prayers for Nigeria’s peace, unity, stability and progress.

According to the Presidency, the President performed the Umrah rites early Friday, October 30, at the Grand Mosque, Masjid al-Haram, where he circumambulated the Holy Ka’abah.

Speaking after completing the spiritual exercise, Tinubu described the pilgrimage as significant, linking it to his commitment to Nigeria and its people. He also expressed gratitude to Allah for the opportunity to pray for the country.

The President’s prayers reportedly centre on national harmony, security, economic prosperity and the need for Nigerians to live together peacefully.

Rabiu also used the occasion to express his hopes for the country, describing it as an honour to accompany the President on the spiritual journey. He prayed for lasting peace, unity and prosperity in Nigeria.

For Tinubu, whose Oando Group occupies a prominent position in Nigeria’s energy industry, the journey offered a departure from the familiar world of corporate leadership and business engagements. Rabiu, similarly, is a major player in the country’s industrial sector, with interests spanning manufacturing, cement and food production.

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Their appearance in Makkah alongside the President underscores the presence of leading figures from Nigeria’s private sector at an important spiritual moment for the country’s leader.

Umrah, often described as the lesser pilgrimage, is a significant act of worship in Islam. Unlike Hajj, which takes place during a specific period in the Islamic calendar, Umrah can be performed throughout the year.

President Tinubu is expected to return to Nigeria next week after completing his spiritual engagements in Saudi Arabia.

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Atiku’s son Abba Abubakar promises to deliver Adamawa for Tinubu

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Abba Abubakar, son of former Vice-President Atiku Abubakar, has promised to deliver Adamawa, his father’s state, for President Bola Tinubu in the 2027 elections.

He spoke on Friday at the All Progressives Congress (APC) national secretariat in Abuja during the Haske Bola Tinubu Organisation (HBTO) unveiling and the launch of its subsidised public transportation support scheme.

Abubakar, HBTO founder, said his decision to back Tinubu is not an attempt to antagonise his father, the African Democratic Congress (ADC) presidential candidate.

“I recognise that political decisions, particularly those that differ from the positions of individuals with whom one shares personal and family relationships, often attract considerable public attention,” he said.

“However, political conviction is a matter of personal judgment, conscience, and the freedom of every individual to make independent choices.

“My decision to establish and lead the HBTO is a deliberate political choice made with a firm belief in the direction we have chosen.”

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He said democracy is strengthened when individuals can make independent political choices, engage in constructive dialogue, and support the leadership and political platforms they believe best represent their aspirations.

“It is within this spirit that HBTO was established,” he said.

He commended the economic reforms introduced by the Tinubu administration, citing the Nigerian Education Loan Fund (NELFUND), national infrastructure investments, increased statutory allocations to state governments, and transport support schemes as some of the key social intervention programmes.

Asked whether he would ensure the president gets maximum votes in Adamawa, Abubakar said: “Yes, yes, yes. We are going to deliver Adamawa state.”

He, however, said his decision should not be seen as a betrayal of his family ties or his father’s political aspiration.

“I’ve always supported my father since I started acting in politics, and I supported him because of what he has done for the country,” he said.

“But I believe that whenever a government comes out with policies that will help the people, I will join them.

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“It’s not just because it’s my father. I don’t think I am antagonising him; I simply believe in the current government’s policies and the reforms taking place.”

Abubakar joined the APC in January 2026, vowing to mobilise support for Tinubu’s re-election.

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Good morning! Nigerian Newspapers Headlines: How AI-generated photos entered voter register, by INEC

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1. The Independent National Electoral Commission (INEC) yesterday  blamed some of its registration officers across the country  for the appearance of suspected artificial intelligence (AI)-generated photographs and other irregularities in its preliminary voters’ register.

The commission alleged  that some officials  exploited their authorised access to its registration system to introduce questionable records into the database.

2. Rising temperatures, compounded by erratic electricity supply, are forcing residents in many states to sleep outdoors, take repeated night-time baths and spend more on alternative power sources as households struggle to cope with the heat. While many Nigerians who spoke with Saturday PUNCH reported prolonged blackouts and inadequate water supply, others said the conditions had made nights uncomfortable.

3. Troops conducting internal security operations across the country killed more than 217 terrorists and other armed criminals in October, the Defence Headquarters, DHQ, has said. The operations, conducted between September 30 and October 30, also led to the rescue of hundreds of kidnapped victims, the arrest of suspected terrorists and their collaborators, and the surrender of more than 50 terrorist fighters and their family members.

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4. A businessman, Akinbolusere Kayode, popularly known as Tolufe, has allegedly committed suicide at Igba town in Ondo State, after lamenting his personal and business challenges in a video that has gone viral on social media. Akinbolusere, 46, reportedly died in his office beside BOVAS Petrol Station, Igba Town, at about 3 pm on Thursday. The State Police Command confirmed his death in a statement issued by its spokesperson, Jimoh Abayomi, in Akure on Friday evening.

5. Omoyele Sowore, presidential candidate of the African Action Congress, AAC, and the Ekiti State Police Command have given conflicting accounts of an incident at a restaurant in Ado-Ekiti, Ekiti State, on Friday. While Sowore insisted that he and members of his team were violently attacked, the police described the incident as an altercation with some individuals, saying the activist sustained a minor injury.

6. The Federal Capital Territory Police Command has arrested a pastor, Edwin Nwabueze, and another suspect, Sadiq Jamiu, over the alleged theft of a Toyota Camry in Abuja. The vehicle was reportedly stolen at UTC Plaza in the Garki area of the Federal Capital Territory. The police said Nwabueze, who identified himself as a pastor with Salvation Power Bible Ministry in the North Bank area of Benue State, was arrested, following investigations into the theft.

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7. Kemi Badenoch, leader of Britain’s Conservative Party, says “racist attacks” against her are “not going to work”, after Raheem Kassam, a former aide to Nigel Farage, called her a “Nigerian scammer”. Badenoch spoke during an interview on ITV’s Good Morning Britain on Thursday, following a series of posts by Kassam criticising her.



8. Senator Adams Oshiomhole has defended President Bola Tinubu’s decision not to attend every campaign rally ahead of the 2027 general elections. He insisted that there is no contradiction between the President’s religious activities and his responsibility to govern the country. Oshiomhole said Tinubu’s decision to limit his participation in campaign activities was a matter of choice and the prerogative of the ruling All Progressives Congress.

9. The Nigeria Security and Civil Defence Corps, Kano State Command, has busted an illegal diesel refining site at Panisau, Ungoggo Local Government Area of Kano State, leading to the arrest of five suspects. This was disclosed on Friday in a statement signed by the command’s Public Relations Officer, Ibrahim Abdullahi.

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10. A 15-year-old Ghanaian boy, Javits Frimpong, has been shot and killed in the Bronx, New York, while on his way to school, with his father alleging that bullying at school may have contributed to the incident. Frimpong was shot in the stomach near East 171st Street and Third Avenue shortly after 9 a.m. on Thursday, according to law enforcement officials. The shooting happened just steps from his home. 

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