• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections 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 News 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 0
0
image 305
thenacre-campaign

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.

Perfect-Aesthetic-social-1

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.”

Odun Ifa 2026
ADVERTISEMENT

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.

adron lemon friday

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.

Also read

  • Samuel Adebanjo Emerges LASU’s Best Graduate With 4.97 CGPA
  • FG plans medical centres as admissions near 20,000

Related Posts

whatsapp image 2022 11 04 at 11.38.58 am
General

‘Every vote is importance’ Nollywood actors declare support for Tinubu, meet Obasa

by Freelanews
November 6, 2022
WhatsApp Image 2020 05 06 at 17.48.00 524x435 1
General

Samsung Galaxy S20+ Review: A perfect phone for ‘work from home’

by Freelanews
May 7, 2020
Ayodele Subair, Executive Chairman, LIRS, freelanews
General

Lagos employers alert: Submit annual tax returns by January 31, 2024!

by Rtn. Victor Ojelabi
January 15, 2024
breaking news
General

‘Breaking’ Hon. Kuye allegedly unleashes hoodlums, attack Somolu, Fadeyi residents (Photos, Videos)

by Freelanews
June 1, 2021
2023 08 28 at 22 39 46 NYPICHPDPICT000026756239jpg WEBP Image 2000 %C3%97 1333 pixels Scaled 53
General

OnlyFans owner pays himself $1.3m a day from UK-based adult content site

by Freelanews
August 28, 2023

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

Tunji Ojo 1782550569

FG denies extra passport charges for Nigerians in UK

September 8, 2026
images 1 3

INEC unveils tracker as voter register nears 100m

September 8, 2026
falcons 1784329106

NFF set to name new Super Falcons coach

September 8, 2026
Policee 1783274486

Four arrested over mob killing of Basit Kolade in Lagos

September 8, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

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

August 9, 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
Tunji Ojo 1782550569

FG denies extra passport charges for Nigerians in UK

September 8, 2026
images 1 3

INEC unveils tracker as voter register nears 100m

September 8, 2026
falcons 1784329106

NFF set to name new Super Falcons coach

September 8, 2026
Policee 1783274486

Four arrested over mob killing of Basit Kolade in Lagos

September 8, 2026
ADVERTISEMENT
September 2026
SMTWTFS
 12345
6789101112
13141516171819
20212223242526
27282930 
« Aug    
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.

Today’s Popular

  • NOUN

    Tragic: NOUN Bursar Marafa shot dead in Zamfara

    0 shares
    Share 0 Tweet 0
  • Police arrest man over shocking seven-year-old defilement

    0 shares
    Share 0 Tweet 0
  • Asu Ekiye ends 28-year marriage, embraces new season

    0 shares
    Share 0 Tweet 0
  • 23-year-old DELSU student crowned king in Delta

    0 shares
    Share 0 Tweet 0

Just Published!

Tunji Ojo 1782550569

FG denies extra passport charges for Nigerians in UK

September 8, 2026
images 1 3

INEC unveils tracker as voter register nears 100m

September 8, 2026
falcons 1784329106

NFF set to name new Super Falcons coach

September 8, 2026
Policee 1783274486

Four arrested over mob killing of Basit Kolade in Lagos

September 8, 2026
SK8YV PBC88uFIT9

NNPC disowns truck carrying 2,145kg cannabis in Ondo

September 8, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2026 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

© 2026 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.