Electricity Tariff, Food And Petrol Price Hike – Who Will Bankroll Nigerians? By Fredrick Nwabufo | Sahara Reporters

Nigeria News News

Electricity Tariff, Food And Petrol Price Hike – Who Will Bankroll Nigerians? By Fredrick Nwabufo | Sahara Reporters
Nigeria Latest News,Nigeria Headlines
  • 📰 SaharaReporters
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Electricity Tariff, Food And Petrol Price Hike – Who Will Bankroll Nigerians? By FredrickNwabufo | Sahara Reporters

The President Muhammadu Buhari administration has ruptured the ceiling of liberties it enjoys. Like King Solomon in his last uneventful years, the government has compounded the yoke of the people with the rocketing of the prices of essential commodities. It appears the administration has lost its sensory organ and has become insentient to the ‘’wailing’’ of citizens. And like the Israelites in the twilight of a failing Solomon rule, Nigerians are seeking another ‘’messiah’’.

Really, I submit to allowing market forces govern the price of commodities – in deference to the principles of a market economy. I also believe that the fuel subsidy regime deserved to be couped and banished. It was an egregiously corrupt system. However, my grudge against the current administration and I think that of many Nigerians as well is its insincerity.

And while the government was administering the"COVID-19 lottery", its agencies were going after Nigerian businesses which ordinarily should be protected from the perils of the pandemic. NIPOST announced a new licensing regime for the post and delivery sector, mandating businesses to renew their licence with N20m. The agency backed down after an outcry by citizens, but this does not obviate the general insensitivity of the government.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

SaharaReporters /  🏆 9. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fuel price hike, increased electricity tariff in Nigerians' interest - APCFuel price hike, increased electricity tariff in Nigerians' interest - APCThe APC has justified the recent increase in the pump price of petrol and that of electricity tariff, saying the increment is in the interest of Nigerians.
Read more »

Nigerian Students Reject Petrol Price Increment, Ask Buhari To Resign | Sahara ReportersNigerian Students Reject Petrol Price Increment, Ask Buhari To Resign | Sahara ReportersNigerian Students Reject Petrol Price Increment, Ask Buhari To Resign | Sahara Reporters EnoughIsEnough OccupyNigeria
Read more »

Nigerian University Students’ Union Rejects Petrol Price Increment By President Buhari's Administration | Sahara ReportersNigerian University Students’ Union Rejects Petrol Price Increment By President Buhari's Administration | Sahara ReportersNigerian University Students’ Union Rejects Petrol Price Increment By President Buhari's Administration | Sahara Reporters EnoughIsEnough OccupyNigeria
Read more »

Coalition For Revolution Calls On Nigerians To Reject Petrol Pump Price Increase | Sahara ReportersCoalition For Revolution Calls On Nigerians To Reject Petrol Pump Price Increase | Sahara ReportersWe stand for holistic, root and branch change to do away with the exploitative system. They cannot be allowed to continue feeding fat at our expense. Government must be defunded.
Read more »

Nigerians Ask Atiku To Lead Protest Over Hike In Electricity TariffNigerians Ask Atiku To Lead Protest Over Hike In Electricity TariffNigerians are calling on former Vice President Atiku Abubakar to lead protests over the increase in electricity tariff
Read more »

Nigerians kick as DisCos hike electricity tariffNigerians kick as DisCos hike electricity tariff
Read more »



Render Time: 2025-03-12 15:54:29