• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, May 15, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Electricity Tariff Hike: Most Varsities’ll Become Bankrupt — UNIBEN VC

Says new rate raises varsity's bill from N80m to N280m/month

by Henry Tyohemba
11 months ago
in Education
Electricity Tariff Hike
Share on WhatsAppShare on FacebookShare on XTelegram

The Vice-Chancellor of University of Benin (UNIBEN), Professor Lilian Salami, has lamented that the recent over 300 per cent electricity tariff hike has taken a heavy toll on Nigerian universities with most of the public tertiary institutions at the verge of bankruptcy.

Advertisement

Salami, who doubles as the chairman of Committee of Vice-Chancellors of Nigerian Universities (CVCNU), said the new tariff announced by the regulator, Nigerian Electricity Regulatory Commission (NERC), has particularly increased UNIBEN’s monthly bill from N80million, which it was finding difficult to pay, to N280million per month.

Recall that the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) as well as some other stakeholders had opposed the tariff hike, arguing that this would drive manufacturers out of business, worsen inflation, and stifle small and medium enterprises.

Speaking with journalists over the weekend, Prof. Salami said the University has been painfully disconnected from the national grid because it could not afford to pay about N300 million monthly for electricity alone.

She said the development has led to a situation where electricity is being rationed for about four hours a day in the University campus in view of the high cost of diesel to power generators.

RELATED

NOUN Debunks Recruitment, Contracts Rumours

NOUN Matriculates 25,342 Students

1 hour ago
Why We Introduced Students Biometric Capturing – MOUAU VC

Varsity Confirms Student’s Death

6 hours ago

She observed that this was, however, not going down well with the students who hitherto had been enjoying electricity supply, sometimes 24 hours in a week-long.

“Right now, what we are going through is electricity problem. Before now, University of Benin can boast for at least 20 to 22 hours of light and that could run for weeks without a blink.

“But as soon as tariff was up, 300 per cent, we went from N80 million that was very difficult for us to pay per month to N280 million per month. That even came when the students were on vacation.

“So, we were looking to hit N300 million per month, no institution can survive paying that kind of money without declaring bankruptcy; we were at the verge of that, so we are saying to the students we can’t pay.

“Of course, the reaction we got from the power distribution company is to cut off the light. So, right now, the light has been cut off. We are trying to use diesel and so we are now rationing light and the students are not happy; definitely, they can’t be when they used to have light 24/7, running into weeks, months and now you are saying to them you can only give them for four hours.

“So, they are not happy. If the students tomorrow go the streets, it is not because we don’t want to give them, we cannot afford. Yes, we’ve gotten unrest for one reason or the other, but it’s not deliberate on our part, that will be outside our own control,” she stated.

However, the VC highlighted some of her key achievements in the last four years to include massive infrastructure development with funding support from Tertiary Education Trust Fund (TETFund), reduced cult-related activities to the barest minimum and improvement in welfare of staff and students, and introduction of new programmes, among others.

In the same vein, Prof. Salami commended TETFund for its numerous intervention programmes in public universities and other beneficiary tertiary institutions.

She described TETFund as a ‘Messiah’ that came to rescue tertiary education in Nigeria, saying were it not for the interventionist agency, public universities in the country would have been glorified primary schools.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel



Tags: Nigeria Labour Congress (NLC)UNIBEN
SendShareTweetShare
Previous Post

Veteran Actor, Olu Jacobs, Still Alive — Kate Henshaw

Next Post

IELTS: Nigerian Student Shines At International English Proficiency Contest

Henry Tyohemba

Henry Tyohemba

You May Like

NOUN Debunks Recruitment, Contracts Rumours
Education

NOUN Matriculates 25,342 Students

2025/05/15
Why We Introduced Students Biometric Capturing – MOUAU VC
Education

Varsity Confirms Student’s Death

2025/05/15
TETFund: Boosting Labour Market Prospects For Varsity Graduates
Education

TETFund: Reimagining Student Housing In Tertiary Institutions

2025/05/15
JAMB Registrar Weeps Over Mass UTME Failure
Education

JAMB Registrar Weeps Over Mass UTME Failure

2025/05/15
UNN Suspends Lecturer Caught Harassing Female Student
Education

ASUU Threatens To Sue JAMB Over UTME Mass Failure

2025/05/14
JAMB Registrar Seeks More Opportunities For Women
Education

JAMB Registrar Oloyede Breaks Down In Tears, Apologises Over 2025 UTME Errors

2025/05/14
Leadership Conference advertisement

LATEST

JUST-IN: Tinubu Creates Armed Forest Guards To Reclaim Ungoverned Areas

Offside Flag Would Have Prevented Awoniyi Injury — Aina

Nottingham Forest’s Taiwo Awoniyi Out Of Induce Coma After Surgery

FIRS Responsible For Fiscal Stability Of Nigeria — RMAFC

Osimhen Breaks 2 Records After Winning Turkish Cup With Galatasaray

NOUN Matriculates 25,342 Students

Wogu Hosts Top Academics, Charts New Course For South-East Education

Governor Sanwo-Olu Commends Charterhouse’s Educational Vision

South East PDP Hints On Mass Exit Over National Secretary Crisis

ADC Vows To Deliver Next President With 35m Votes

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.