78% Increase In Electricity Tariff ‘Fleecing Of Nigerians’, Says People’s Democratic Party

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The Officials and members of the Peoples Democratic Party (PDP) have described the increase in electricity tariff as an act of fleecing Nigerians.

Kola Ologbondiyan, the party’s spokesperson, criticize the increase in electricity tariff, describing the action as draconian, provocative and loathsome.

The Nigerian Government on Saturday 4th January, 2020 ordered a 78% increase in electricity tariff for the various categories of consumers, excluding consumers in residential category.

Kola Ologbondiyan said that; it is lamentable that Nigerians, who are already suffering the devastating negative impact of the recent increase in the Value Added Tax (VAT) from 5 to 7.5% by the All Progressive Congress (APC) administration, are now being further suppressed with a very high electricity tariff.

Our party holds that the increase in electricity tariff, under the prevailing harsh economic conditions, is ruinous to the wellbeing of Nigerians as it will further stress the productive sector and lead to an upsurge in the cost of regular and essential goods and services, including; housing, food, education, medicine and other critical needs.

This policy of APC, if allowed, will worsen the suffering of Nigerians as it will put more stress on already overburdened families, cripple businesses, result in job losses and exacerbate the prevailing frightening unemployment rate under the Muhamed Buhari’s government.

The Peoples Democratic Party insists that any administration that has the interest of the people at heart should offer alternatives or hold consultations with the people before imposing such callous tariff on its citizens.

The party called on the Federal Republic of Nigeria’s National Assembly to rescue Nigerians from such unhealthy policy.

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