• 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.”

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.

Odun Ifa 2026
ADVERTISEMENT

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.

adron lemon friday
oreoluwa ojelabi brand writer
Oreoluwa Ojelabi

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

Also read

  • Ogun, FG, World Bank launch ₦6bn fund for 3,855 women’s groups
  • FG rules out immediate electricity tariff increase

Related Posts

Sanwo Olu 5 e1584725065598
General

‘Unbelievable!’ C&S begs Sanwo-Olu to relax lockdown for Easter

by Freelanews
April 9, 2020
Osita Okechukwu scaled
General

‘Abuse of office’ EFCC detains VON DG, Osita Okechukwu

by Rtn. Victor Ojelabi
January 29, 2022
WhatsApp Image 2021 01 28 at 11.09.08 AM
General

‘Second worst’ Nigeria gets worst TI corruption rating since 2015

by Freelanews
January 28, 2021
20180204 151725
General

Yinka Mafe died the day I wanted to honour him – Amosun

by Freelanews
March 15, 2020
DJ Jimmy Jatt kidney transplant
General

DJ Jimmy Jatt opens up on kidney transplant, health journey

by Quadri Olaitan
January 21, 2025

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

Tony Elumelu

How Tony Elumelu’s Africapitalism is multiplying impact across Africa

September 28, 2026
Nigerian UK carer

Nigerian UK carer sacked after posting about colleague’s dismissal

September 28, 2026
Supreme Court of Nigeria

Supreme Court restores Electoral Act provisions on party primaries

September 28, 2026
images 2 8

Frequent shawarma consumption may raise cancer, kidney disease risk — experts

September 28, 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 scaled

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
Tony Elumelu

How Tony Elumelu’s Africapitalism is multiplying impact across Africa

September 28, 2026
Nigerian UK carer

Nigerian UK carer sacked after posting about colleague’s dismissal

September 28, 2026
Supreme Court of Nigeria

Supreme Court restores Electoral Act provisions on party primaries

September 28, 2026
images 2 8

Frequent shawarma consumption may raise cancer, kidney disease risk — experts

September 28, 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

  • Nigerian UK carer

    Nigerian UK carer sacked after posting about colleague’s dismissal

    0 shares
    Share 0 Tweet 0
  • Prophet Israel Oladele Genesis unveils Luli Prayer Conference 2026, calls for unity

    0 shares
    Share 0 Tweet 0
  • Ogun 2027: Hunye sues Yayi over alleged state-of-origin declarations

    0 shares
    Share 0 Tweet 0
  • Hamzat, Kola Adesina, Liakouris to headline Real Talk With Kike @7

    0 shares
    Share 0 Tweet 0

Just Published!

Tony Elumelu

How Tony Elumelu’s Africapitalism is multiplying impact across Africa

September 28, 2026
Nigerian UK carer

Nigerian UK carer sacked after posting about colleague’s dismissal

September 28, 2026
Supreme Court of Nigeria

Supreme Court restores Electoral Act provisions on party primaries

September 28, 2026
images 2 8

Frequent shawarma consumption may raise cancer, kidney disease risk — experts

September 28, 2026
images 1 8

Police arrest 27-year-old man over alleged killing of 80-year-old father in Katsina

September 28, 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.