The Vice Chancellor of the University of Ilorin, Prof. Wahab Egbewole, SAN, has raised alarms over the significant increase in electricity tariffs implemented by the Ibadan Electricity Distribution Company. This hike has drastically inflated the university’s monthly electricity expenses from N70 million to N230 million, a change Prof. Egbewole has labeled as “unsustainable.”
In a communication sent to the university's staff and students last Thursday, Prof. Egbewole underscored the urgent need for reassessing current electricity consumption. He urged the university community to adopt more responsible usage practices to support cost-saving initiatives.
The Vice Chancellor, who specializes in International Law and Jurisprudence, revealed that the university administration is actively pursuing alternative power solutions. He assured that these efforts are expected to bear fruit shortly.
Prof. Egbewole announced that all new construction projects within the Faculties of Agriculture, Arts, Environmental Science, Law, and Social Sciences would incorporate provisions for alternative power sources. Additionally, plans are being devised to ensure that all university units are equipped with reliable alternative power options.
“The past few days have showcased the remarkable resilience of our staff and students,” Prof. Egbewole remarked, expressing his gratitude for their support amidst the electricity and water supply disruptions. He emphasized the importance of protecting these new facilities from theft and vandalism.
The Vice Chancellor reiterated the administration’s dedication to tackling the financial challenges faced by the university, aiming to maintain a conducive learning and working environment despite the economic constraints.
This development follows the Nigeria Electricity Regulatory Commission’s announcement on April 3 regarding the tariff increase for Band A customers, from N68/kWh to N225/kWh, a 240% rise. This adjustment, aimed at eliminating subsidies for Band A consumers, who make up about 15% of the country's 12.82 million power users, is expected to save the Federal Government N1.5 trillion.
