Top Stories

Electricity Tariff Hike: Tinubu’s Reforms Lack Human Face – Atiku

Former Vice-President Atiku Abubakar has rejected the hike in electricity tariff, saying it will worsen the suffering of the people.

In a series of tweets on Friday, the Peoples Democratic Party (PDP) Presidential Candidate in the last election accused the government of unleashing another dose of reforms without adequate notice and without an adequate post-reform plan to mitigate the pain.

Advertisement

The PDP chieftain said the increase in electricity tariff is coming at a time when “Nigerian citizens are going through excruciating difficulties occasioned by the withdrawal of subsidy on PMS and floating of the domestic currency.

“The government has not successfully dealt with the pains associated with the implementation of those measures, and now this. The hike in electricity tariff will create more difficulties for the citizens as inflationary pressures are elevated.

“Our manufacturing sector will similarly be impacted negatively. Not only are they paying higher interest rates on their bank loans but also paying more for diesel, paying higher wages as a result of the new minimum wage. The President’s men are pushing the economy into a deeper crisis. His reforms are without a human face.”

The opposition figure said, ” It is important that we understand the root cause of the inefficiencies in the power sector before unleashing another dose of reforms. It is time to revisit the privatization exercise that produced the DISCOs.

Advertisement

“Tinubu must (a) ensure that these reforms are sequenced, (b) implement measures to mitigate the pain, and (c) hold the NERC responsible for ensuring improved service delivery.”

Advertisement
citynews

Recent Posts

Serving NYSC members can apply – FIRS gives update on recruitment exercise

The Federal Inland Revenue Service has announced that servicing National Youth Service Corps members can…

10 hours ago

Supreme Court allows Pennsylvania to count contested provisional ballots, rejecting Republican plea

DOYLESTOWN, Pa. (AP) — The Supreme Court on Friday rejected an emergency appeal from Republicans that could…

10 hours ago

New Zealand introduces new visa category to support seasonal workers in 2025

International job seekers can now find temporary work in New Zealand. The government has introduced…

10 hours ago

Oluremi Tinubu Must See Young, Malnourished Detainees As Her Own Children, CISLO

The Civil Society Legislative Advocacy Centre (CISLAC) has condemned the detention and reported maltreatment of…

10 hours ago

Electricity Consumers Demand Disconnection Over Rising Tariffs

Many consumers have requested electricity distribution companies also known as DisCos to disconnect them from…

10 hours ago

EFCC arrests Edo Accountant-General, others ahead of Gov Obaseki’s handover

The Economic and Financial Crimes Commision, EFCC, has arrested the Edo State Accountant General, Mr.…

10 hours ago