NEF statement. “Under The New Tariff Plan, 24 Hours Of Electricity Per Day Will Amount To Monthly Total Of 162k

President Bola Ahmed Tinubu has come under fire from the Northern Elders Forum (NEF) for raising energy rates recently. The NEF claims that Tinubu has violated the confidence that Nigerians placed in him. The NEF said in a statement signed by Abdulazeez Suleiman, Director of Publicity and Advocacy, that the hike in the power tariff demonstrates a complete indifference for the welfare and well-being of the general public. CONTINUE FULL READING>>>>>

According to the report by Nigerian Tribune, NEF said what it means is that under the new electricity tariff plan, having 24 hours of light will cost N5,400, which will amount to a staggering sum of N162,000 per month.

The forum said that the amount is too much for the ordinary citizens who are already battling economic hardship and struggling to make ends meet.

The forum said, “The breakdown of the new tariffs reveals an alarming burden that the average Nigerian will face in affording electricity on a daily basis. Under the new tariff plan, 24 hours of electricity per day will cost a staggering N5,400, amounting to an unbearable monthly total of N162,000 and an astounding yearly total of N1,971,000.

“These exorbitant amounts are simply unaffordable for the majority of Nigerians, who are already grappling with economic hardship and trying to make ends.”

The forum said that the decision to implement the new tariff plan without considering the impact it would have on the people is callous.

NEF also called on the government to reconsider the decision and take into account the economic situation that the masses are currently dealing with. CONTINUE FULL READING>>>>>