The Vice Chancellor of the University of Ilorin, Prof. Wahab Egbewole, SAN, has expressed concern over the recent hike in electricity tariffs imposed by the Ibadan Electricity Distribution Company (IBEDC), which has seriously affected the University’s budget.
In an email message sent to staff and students of the University last Thursday (6th June 2024), Egbewole disclosed that the institution’s monthly electricity bill has skyrocketed from N70 million to N230 million per month, a situation he described as ‘‘unsustainable’’.
The Professor of International Law and Jurisprudence said that the administration was intensifying negotiations for alternative power supply solutions, which, he said, “are expected to yield positive results soon.”
Recall that Labour embarked on strike last Monday over issues surrounding minimum wage and hike in electricity tariff.
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