Electricity tariff hike shows govt has lost touch with reality

The national secretary of the Network for Electricity Consumers Advocacy of Nigeria, NECAN and the lead director of Energy Consumers Consultancy Services, ECCS, Uket Obonga, said the hike in electricity tariff showed that President Bola Tinubu's government has lost touch with reality. Obonga disclosed this on Wednesday while reacting to the recent electricity tariff hike by the Nigerian Electricity Regulatory Commission, NERC.

recalls that NERC approved the hike in the price of electricity for Band A customers from N66 to N225 per kilowatt. The implication is that electricity customers within urban areas that have 20 hours of power supply will have to pay 300 per cent more despite a nationwide drop in electricity supply. However, Obonga said the hike will not solve the liquidity crisis and other challenges within Nigeria's power sector.

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