• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home General

Nigerian universities may charge students N80,000 annually for electricity amid rising tariffs

Oreoluwa Ojelabi by Oreoluwa Ojelabi
August 1, 2024
in General
0
image 305

The Committee of Vice-Chancellors of Nigerian Universities (CVCNU) has indicated that Nigerian universities may soon charge students an additional N80,000 annually to cope with the surging electricity tariffs imposed on these institutions.

In a recent interview with Punch, the Secretary-General of the CVCNU, Prof Yakubu Ochefu, revealed that the cost of electricity for universities has skyrocketed, leaving them unable to cover the expenses.

Prof Ochefu highlighted that universities, which previously paid around N1 billion annually for electricity, now face a staggering increase to N4 billion per year. This steep rise has created a financial strain on the universities, which are already struggling with limited budgets.

“If the Federal Government doesn’t step in to rescue the universities, the costs will be transferred to students as user charges, amounting to N80,000 per student. Alternatively, universities will have to limit their operations to four hours a day,” Ochefu explained.

He cited the University of Benin (UNIBEN) as an example, where the institution runs a generator for just four hours daily at N60 million per month. This limited operation is unsustainable for maintaining essential services like libraries, internet access, and laboratory facilities.

Vice-chancellors have appealed to the Federal Government for intervention, requesting a concessionary rate or a reversion to the previous electricity tariff. Despite their efforts, there has been no response yet from the government.

Prof Ochefu stated, “The charges presented before us are unrealistic. Universities can’t afford to pay N200 million or N300 million monthly for electricity. The Federal Government needs to reconsider this decision. We have written to the President, requesting a concessionary rate or a return to the previous rate based on the funding provided by the FG to universities.”

In April 2024, the Nigerian Electricity Regulatory Commission (NERC) increased the electricity tariff for Band A customers from N68/KWh to N225/KWh, a 300 percent increment. This policy has led to exorbitant bills for universities like Ahmadu Bello University in Zaria and the University of Benin, both receiving monthly bills averaging N300 million under the Band A tariff.

Due to the inability to afford these costs, some universities, including UNIBEN, have faced disconnection from the national grid. Prof Lilian Salami, the Vice-Chancellor of UNIBEN, confirmed the disconnection, emphasizing the financial challenges imposed by the new tariff system.

The CVCNU continues to advocate for government intervention to alleviate the financial burden on universities and prevent additional costs from being transferred to students.

oreoluwa ojelabi brand writer
Oreoluwa Ojelabi

Oreoluwa is an accountant and a brand writer with a flair for journalism.

Related Posts

Untitled 1 39
General

‘DChampion!’ Wole Amodemaja celebrates 55 in style (Video, Photos)

by Freelanews
July 25, 2020
GANDUJE PS
General

‘We’ve come too far’ Embrace dialogue to resolve differences, Ganduje tells Nigerians over secession call

by Freelanews
October 15, 2021
Untitled 1 10
General

COVID-19 shutdown: Pastor arrested for violation

by Freelanews
March 29, 2020
charly boy oputa
General

‘Biggest rally ever’ Charly Boy endorses Peter Obi as presidential candidate (Photo)

by Rtn. Victor Ojelabi
September 1, 2022
Mohbad: Court orders substituted service on Naira Marley, Sam Larry
General

Mohbad: Court orders substituted service on Naira Marley, Sam Larry

by Quadri Olaitan
August 23, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Recent News

Genesis energy

Genesis energy unveils bold N500bn clean energy bond

October 29, 2025
Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Genesis energy

Genesis energy unveils bold N500bn clean energy bond

October 29, 2025
Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
Modern white government building with a green dome, tropical palm trees, and clear skies in the background, reflecting classical architecture and tropical urban development in a coastal city.

National Assembly security threat raises alarm

October 29, 2025
NDLEA

NDLEA cracks down on illegal drug parties in Lagos

October 29, 2025
October 2025
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Hot!

Genesis energy

Genesis energy unveils bold N500bn clean energy bond

October 29, 2025
Elegant man in black suit and tie, formal attire, professional settings, business or news context.

Cubana Chiefpriest mocks Burna Boy, hails Davido

October 29, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.