Ayo Ayalowo, a development economist, says President Bola Tinubu's administration and the Nigerian Electricity Regulatory Commission must jettison the bands A, B, and C because Nigerians are not getting power supply. He said this on Tuesday during an interview on Channels Television monitored by DAILY POST.
Ayo Ayalowo , a development economist, says President Bola Tinubu 's administration and the Nigerian Electricity Regulatory Commission must jettison the bands A, B, and C because Nigerians are not getting power supply. He said this on Tuesday during an interview on Channels Television monitored by DAILY POST. He noted that increases in energy prices, such as electricity and diesel, are major propellants for soaring inflation in Nigeria.
needs to go back and rejig the tariff and stop the nonsense band classification because Nigerians are still not getting power supply', he stated. He suggested that the government should increase tariffs marginally for electricity customers nationwide. 'I will suggest that the Minister of Power and Nigerian Electricity Regulatory Commission would have increased tariff marginally across the board, not cheating Paul to pay Peter as they are doing', he added.
announced a hike in the electricity tariff to N225 per kilowatt-hour from N66 for customers in Band A. However, the hike was condemned by Nigerians, including the Nigeria Labour Congress, Trade Union Congress, and other organisations. Nigerians continued to lament that the power supply had dropped since the tariff hike. On Monday, the country was plunged into another complete darkness due to the national grid collapse.
Electricity Tariff Hike: NERC Tinubu
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