‘It’s insensitive’ — NLC slams FG over planned 40% electricity tariff hike | TheCable
June 22, 2023 6:11 PMThe Nigeria Labour Congress says plans by the federal government to increase electricity tariff by 40 percent from July 1, 2023, is “insensitive and callous”.at removing the N50 billion monthly electricity subsidy in the sector owing to the revenue shortfall.which now has petrol retail prices skyrocketing.
“We believe not even these figures are a justification for this reckless proposed tariff increase. The issue of capacity to pay and quality of service delivery are not only germane but superior to any rationalisation by market logic. The service providers, in spite of sundry support, have not been able to meet the threshold of 5000 megawatts.
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