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Nigerians groan as electricity bills takes 57% of minimum wage earners’ salaries

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When the Federal Government announced in September that it would start paying the proposed minimum wage of N70, 000, with a promise to pay civil servants the areas from July and August, not many Nigerians were excited about the news.

And the reasons were obvious, one of them being the recent hike in electricity bill.

A recent report quoting the FIJ calculation clearly indicated that average minimum wage earners spend at least 57.3 percent of their salaries on electricity bills if they use only seven appliances for a month.

The FIJ report noted that while the wage increase was a good development for workers, the cost of living has rendered the wage increase almost insignificant.

The report spotlights the cost of electricity alone and its impact on workers’ wages.

According to a National Income, Salaries and Wages Commission (NISWC) document, civil servants under the Consolidated Public Service Salary Structure would earn N930,000 per annum.

This means that a minimum wage earner would go home with a salary of about N77, 500.

The Nigerian Electricity Regulatory Commission (NERC) announced a 300 percent increase in electricity tariff for those in the B and A service category in April.

According to the Vice Chairman of the NERC, Musliu Oseni, the tariff hike meant that customers who formerly paid N66 per kilowatt per hour would now pay N225 for the same unit of electricity.

In the announcement, the NERC also said that only users in the band A service category, about 15 percent of the entire customer population, would be affected.

Surprisingly, a few months after the announcement, Nigerians were faced with flagrant and unsolicited transfer to Band A service category without prior notice.

Some people protested the move, while others took to social media to vent their anger and frustrations.

Decrying the move on his X handle, a financial expert, Joe Abah wrote: “I have confirmation that @aedcelectricity has now put me in Band A with no notice at all.

So, N100,000 electricity top-up now lasts just seven days. I have been paying.

Who has a gadget that can help me monitor whether I am getting a minimum of 20 hours of light a day, please?”

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An alleged fake university discover in Lagos

The university was operating from a three-bedroom apartment at Ilado, Olorunda Local Council Development Area of Lagos State.

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Photo:Students of the university during the raid by NSCDC. Credit: NSCDC

The proprietor of an alleged fake university in Lagos , has been arrested by operatives of Nigeria Security and Civil Defence Corps (NCDC).

The NSCDC Badagry Area Command, who enforced the arrest, said that the university was operating from a three-bedroom apartment at Ilado, Olorunda Local Council Development Area of Lagos State.

The command also rescued 106 students of the institution from across Nigeria and neighbouring West African countries with promises of admission into a foreign university.

According to the corps, the operation was carried out in the early hours of Monday following days of intelligence gathering and covert surveillance by NSCDC operatives

” The suspected institution was operating without an official name, registration, signboard or recognised campus, while allegedly presenting itself online as a distance-learning centre affiliated with a foreign university,”said NSCDC.

Investigations revealed that the rescued youths, mostly between the ages of 19 and 24, came from several Nigerian states, including Kogi, Oyo and some northern states. Others reportedly travelled from neighbouring countries such as Niger, Cameroon and Togo after being recruited online.

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Ayo Fayose Gets Presidential Portfolio As REA Board Chairman

Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.

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President Bola Tinubu has appointed the former governor of Ekiti State, Ayo Fayose, as chairman of the Rural Electrification Agency (REA) Board.

The President also appointed Major General Junaid Bindawa as chairman of the National Salaries, Incomes and Wages Commission.

24 others were also appointed to 10 federal government agencies and commissions.

The appointments were contained in a statement issued by the presidential spokesman, Bayo Onanuga, in Abuja.

According to the statement, “All the appointments take immediate effect.”

“Fayose will head the board of REA, with Alhaji Ahmadu Abubakar and Engineer Ilyasu Ibrahim Makinta appointed as members and non-executive directors,” said Onanuga.

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BREAKING: ICPC grills Gbajabiamila over PFIPC scandal

According to Jiti Ogunye, Gbajabiamila’s counsel, the president’s chief of staff appeared at the ICPC headquarters on Monday, where he was questioned over the PFIPC controversy.

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has interrogated Femi Gbajabiamila, chief of staff to President Bola Tinubu, over his role in the emergence of the controversial Presidential Foreign Investment Promotion Council (PFIPC).

According to Jiti Ogunye, Gbajabiamila’s counsel, the president’s chief of staff appeared at the ICPC headquarters on Monday, where he was questioned over the PFIPC controversy.

Details soon

(The Cable)

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