New Electricity Tariff: Nigerians Needs Stimulus- Atiku

Former Vice President and the candidate of the Peoples Democratic Party (PDP) at the 2019 Presidential election Atiku Abubakar has kicked against the recent increase in the electricity tariff across the country.

Atiku who took to his social media page to react to the recent increase in electricity tariff said the increment was an impetuous disregard for the current challenges brought upon Nigerians by the deadly COVID-19 pandemic.

Further stating that the move by the Buhari led administration was ill-timed and ill-advised Atiku said that what Nigeria currently needs is a stimulus instead of an increase in electricity tariff.

The new tariff which became effective on Tuesday is expected to reviewed quarterly.

Read Also: PPMC Increases Fuel Price to N151.56 Per Litre

President Muhammadu Buhari approved the implementation of the cost-reflective electricity tariff for the Nigerian Electricity Supply Industry (NESI) in August.

“I reject the increased electricity tariffs. Coming out of the lockdown, Nigerians need a stimulus, not an impetuous disregard for the challenges they face. 

“Many Nigerians have not earned an income for months, due to no fault of theirs. This increase is ill-timed and ill-advised,” Atiku wrote on Twitter

Also, The Petroleum Products Marketing Company (PPMC) raised the ex-depot price of petrol from N138.62 to N151.56 per litre on Wednesday.

I reject the increased electricity tariffs. Coming out of the lockdown, Nigerians need a stimulus, not an impetuous disregard for the challenges they face. Many Nigerians have not earned an income for months, due to no fault of theirs. This increase is ill-timed and ill-advised.

— Atiku Abubakar (@atiku) September 3, 2020