By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: Group Kicks Against Proposed 40% Electricity Tariff Hike
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > Group Kicks Against Proposed 40% Electricity Tariff Hike
News

Group Kicks Against Proposed 40% Electricity Tariff Hike

hammed
Last updated: July 19, 2023 2:28 pm
hammed Published July 19, 2023
Share
SHARE

A civil liberty organisation, Network for Advocacy and Good Leadership Initiative, has kicked against the proposed 40 per cent electricity tariff hike by the Federal Government, saying the move will further plunge Nigerians deeper into suffering.

Arguing that the plans were untimely, the group said Nigerians are still battling with the negative effects of the fuel subsidy removal.

The Director-General of the group, Dr Agodi Kanu, said this in a statement released on Wednesday.

He urged the government to reconsider the proposed 40% hike, calling for meaningful engagement with stakeholders; transparency in decision-making processes; and the pursuit of sustainable solutions that prioritise the welfare and economic prosperity of all Nigerians.

The statement read in part,

“The Network for Advocacy And Good Leadership Initiative (NAGLI), strongly opposes the recent proposal by the Federal Government of Nigeria to increase electricity tariffs by 40%.

“We firmly believe that such a significant increase in electricity costs will have detrimental effects on citizens, businesses, and the overall economic well-being of the country. The timing in the unpleasant face of the recent removal of fuel subsidy without cushioning palliatives is unpalatable and unpopular.

“We present nine key points that outline our disapproval of the proposed hike in electricity tariffs and three antidotes.

“A-40% increase in electricity tariffs will place an additional financial burden on already struggling households, thereby further exacerbating their challenges.

“Small businesses, which form the backbone of the Nigerian economy, will face increased operational costs, resulting in reduced profitability and potential job losses.

“Higher tariffs will lead to decreased affordability and accessibility of electricity for many Nigerians, hindering progress and limiting development opportunities.

“We, however, suggest that instead of burdening citizens with increased tariffs, the government should focus on promoting renewable energy sources and investing in sustainable solutions to address the electricity supply challenges.

“Rather than burdening consumers with higher tariffs, the government should prioritise customer welfare by addressing issues such as metering, and tariff harmonisation.

“That issues of disconnection without notice, poor response mechanism and self-enrichment of field staff through sharp practices must be dealt with.”

 

You Might Also Like

Obi, Atiku, Kwankwaso reportedly in talks for a merger to wrestle power from Tinubu

Why I Visited Tinubu, Soyinka Reveals

Tribunal: Nigeria Shall Be Free – Dele Momodu

How Grand Theft Auto hijacked the entertainment industry

FG to sanction trade associations over food price hike

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
TAGGED:Electricity Tariff Hike
Share This Article
Facebook Twitter Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Cameroonian LGBT activist Bandy Kiki and her Nigerian wife expecting first child
  • “Something is wrong” – Gynaecologists react to 18-year-old boy who impregnated 10 girls in 5 months
  • Insecurity: CDS visits Russia, lists Nigeria’s military needs after Putin’s offer
  • Troops neutralise two bandits, recover arms in Plateau
  • Nottingham Forest striker, Taiwo Awoniyi undergoes emergency surgery having played on with injury after colliding with the post

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?