Tuesday, December 7, 2021

Price Hike in Electricity and Gas may push Nigerians to the wall- Gani Adams.

Aare Onakakanfo of Yorubaland, Gani Adams, said yesterday that the 54 percent increase in the price of electricity and gas just made many Nigerians become hopeless and pushed them to the wall.

Nigerian Electricity Regulatory Commission announced last week that the cost of electricity will rise 32.8 percent and 21.7 percent. There will also be an increase in the price of a single-phase meter from N44,896.17 to N58,661.69 and a three-phase meter from the current cost of N82,855.19 to N109, 684.36.

“The sudden increase in the prices of electricity meter, as well as the prices of gas, could only worsen the present situation in the country,” Adams said in a statement by his media aide, Kehinde Aderemi.

“It is unfortunate that Nigerians are being reaped off in such a cruel manner, especially, by a government that prides itself as government of the people. How can you explain a 54 percent increase in electricity meter prices without considering the huge effect on the mass of the people?”

He urged the Federal Government to retain from making burdensome policies, citing that the timing of the increase was off, adding that the FG is not sympathetic to the plights of the people.

“Nigeria is creeping badly and prices of every commodity have reached the roof top without any hope. I think it is very important for the Federal Government to look into the issues properly and come out with whatever outcome that can reduce the suffering of the people,” Adams added.

We would like to keep you updated with special notifications.