News
Labour Party Demands Reversal Of Electricity Tariff Hike
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Labour Party in Lagos urges Tinubu-led government to rethink electricity tariff hike.
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Concerns raised over NERC’s 300% tariff increase, citing potential economic strain.
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LP suggests tariffs should not exceed 25%, advises against subsidy removal.
EKO HOT BLOG reports that the Lagos chapter of the Labour Party (LP) has called on the Bola Tinubu-led Federal Government to reconsider its decision to raise electricity tariffs for certain consumers in the country.
The party expressed concerns over the recent approval by the Nigerian Electricity Regulatory Commission (NERC) for a 300 per cent tariff increase, as disclosed by NERC’s Vice Chairman, Musiliu Oseni, in Abuja on April 3rd.
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Olubunmi Odesanya, the State Publicity Secretary of the LP, conveyed these sentiments to reporters in Lagos on Saturday, highlighting the potential exacerbation of economic hardships due to the tariff hike.
Adesanya described the increase in tariff as astronomical and unreasonable, adding that a good number of Nigerians are already suffering following the removal of the fuel subsidy.
Labour Party
She asserted that if the government had reason to hike tariffs at all, the increase should not be more than 25 per cent.
She said: “On a daily basis, Nigerians are bearing the brunt. This is simply not working. A good number of Nigerians are suffering.
“Nigerians are currently facing hardship. The government should know that people are at the heart of every government.
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“This astronomical increase in electricity tariff should be reconsidered.”
Adesanya also advised the Tinubu government to reduce the cost of governance in order to save funds, rather than removing subsidies.
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