The Committee of Vice-Chancellors of Nigerian Universities has said undergraduates in Nigerian universities may be charged N80,000 or more to cover the high electricity tariffs universities are currently being charged with.
In a recent interview with Punch, the Secretary-General, CVCNU, Prof Yakubu Ochefu, said universities can not afford the over N200m they are charged monthly for electricity.
“Before the new tariff, universities were paying around N1bn annually, but now the cost has risen to N4bn per annum. How are they supposed to find such funds? How much is being allocated to universities for their overhead budgets?
“If the FG 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.
“For example, UNIBEN is currently running a generator for four hours daily, which costs them N60m a month. This is unsustainable given the need for a functioning library, internet access, and laboratory facilities,” Ochefu said.
He said vice-chancellors had written to the Federal Government and are waiting for the pro-chancellors to follow up with the request.
“The charges presented before us are unrealistic. Universities can’t afford to pay N200m or N300m 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. There has been no response yet. We wrote the letter when the policy was first announced.
“The matter is now in the hands of the pro-chancellors, as it is a critical funding issue. The Vice-Chancellors have done their part,” Ochefu said.
They were charged N61m monthly before the introduction of the Band A system following the hike in electricity tariff.
In April 2024, the Nigerian Electricity Regulatory Commission announced an increase in electricity tariff paid by Band A customers from N68/KWh to N225/KWh, which was a 300 per cent increment.
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