Former vice president and PDP’s presidential candidate in 2023’s general election, Alhaji Atiku Abubakar has joined the growing list of critics faulting the federal government’s hike in electricity tariff and believes the move will further compound the citizens’ economic difficulties.
The Nigerian Electricity Regulatory commission (NERC) days ago jacked up the tariff for band “A” consumers who enjoy at least 20 hours daily supply of power as part of moves to stop the payment of subsidy on electricity.
Atiku says the move will further compound the economic woes of a country battling surging inflation levels pegged at 31.70 per cent.
Writing on his X handle, Atiku said the increase comes at a time when Nigerian citizens are going through excruciating difficulties occasioned by the withdrawal of subsidy on premium motor spirit, PMS, or petrol and floating of the domestic currency.
While noting that the government has not successfully dealt with the pains associated with the implementation of those measures, the former VP said the hike in electricity tariffs will create more difficulties for the citizens as inflationary pressures are elevated.
He argued that the rise in tariffs won’t solve the challenges of the sector.
