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Electricity Tariff Hike Won’t Affect Most Nigerians – Osinbajo’s Aide Explains

Published by on September 17th, 2020.


News
Mr. Laolu Akande, the spokesman for the Vice-President, says the recent hike in electricity tariff will not affect Nigerians because the hike is targeted at only those who experience stable electricity for 12 hours and above.

Akande said this on Channels Television’s ‘Sunrise Daily’ programme on Wednesday.

He was responding to a question on how the Federal Government’s ‘Economic Survival Fund’ would ameliorate the suffering of Nigerians in the face of electricity tariff hike and an increase in the pump price of petrol.

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The Presidential aide said, “Regarding the electricity tariff, the majority of Nigerians will not be paying more and I will like to say that again. Regarding the electricity tariff, the majority of Nigerians will not be paying more and that is essentially because if you are currently receiving anything below 12 hours of electricity a day, your tariff will not go up.

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“If you are being asked to pay more if you are in that category, you need to let us know, you need to go to the Nigerian Electricity Regulatory Commission’s platform on social media; go to Twitter, go to Facebook and report so that what the President said is enforced.”

When asked if the electricity tariff hike would not affect the cost of production and ultimately goods, Akande said Nigerians must understand the protection they enjoy.

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The Vice-President’s spokesman also said the increase in the pump price of petrol caused by the deregulation of the oil sector was done with good intentions.

He said although Nigerians may face hardship in the short term, the move would have long term benefits including job creation.

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