Electricity Tariff Hike Amounts To Paying For Inefficiency – Afenifere
The recent hike in electricity tariff has been condemned by the pan-Yoruba socio-cultural group, Afenifere.
The group asked President Bola Tinubu to compel the Ministry of Power to reverse the increase.
The group in a statement on Saturday, said the increment amounts to paying for inefficiency and further compounding the country’s economic woes.
The statement by the group’s spokesman Jare Ajayi read in part, “In conclusion, Afenifere called on President Bola Tinubu to compel the Ministry of Power, to reverse the present hike, go into alternative energy sources like solar and wind, review the terms with which the 2013 exercise was carried out, and be more innovative.
“As the experience from the subsidy on petrol has shown, those who suffer from the government’s withdrawal of subsidy are not necessarily those who benefitted from it.
“The victims would be average Nigerians who would patronize services being rendered or items being produced by high power users since they (the latter) would easily pass the higher cost onto their customers.”
