Under The New Tarrif Plan, 24 Hours Of Electricity Per Day Will Cost A Staggering N5,400—According to Suleiman

The Northern Elders Forum (NEF) has responded, claiming that the President Bola Ahmed Tinubu administration’s recent increase in electricity tariffs is a breach of the confidence that Nigerians have placed in them. The Director of Publicity and Advocacy, Abdulazeez Suleiman, stated in a statement that the recent rise in electricity cost will negatively affect Nigerians’ existing circumstances and widen the gap between the rich and the poor. CONTINUE FULL READING>>>>>

The NEF forum revealed that 24 hrs of electricity consumption will cost N5, 400 amounting to an unbearable monthly total of N162,000.

The forum who expressed concern on the hardship facing Nigerians, asserted that the exorbitant amount cannot be afforded by majority of the citizens.

The Forum urged the Federal Government to consider the challenges of Nigerians before making any increae of electricity tarrif. He added that the resulting consequences could potentially lead to internal security threats as it bridge the gap between the rich and the poor.

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.”

implementing such exorbitant electricity tariffs, the government is effectively perpetuating a form of economic oppression that will only serve to widen the gap between the rich and the poor in Nigeria, as reported by Nigerian Tribune CONTINUE FULL READING>>>>>