FG increases Electricity Tariff by 50%
The Federal Government has again increased the electricity tariff by 50%.
The development was revealed by the Nigerian Electricity Regulatory Commission (NERC) in its December 2020 minor review of the Multi-Year Tariff Order and Minimum Remittance Order obtained made available to newsmen in Abuja on Tuesday, January 5, 2021.
According to the NERC, the increase is based on different consumer classes and will kick off from January 1, 2021.
The commission blamed the 14.9 percent inflation rate rise in November 2020 and foreign exchange of N379.4/$1 as of December 29, 2020 as the reason for the increase.
The commission noted that the new tariff increase would be in full effect through June 2021 while a Cost Reflective Tariff would be activated from June to December 2021.
I just laugh at this present Nigeria government
A government that does not care about the masses, inreaments every sector of the economy at every point in time
God save us..o
Hmmmm
This is a very serious issue in the diary by 50% is very high
This useless government is not serious at all…. Upon all this suffering you are still increasing electricity tariffs
Why is this government so wicked? When it comes to the benefit of Nigerians they will be complaining that there is no money to execute it but otherwise It will take effect immediately. This is bad.
This is pure wickedness exhibited by the present government of the day, how do want us to survive this present situation. This is wickedness oooo.
When the state governments are not ready to pay minimum wage and you are increasing every aspect of things in the country, where do they want us to get money to pay for it? We shall see.
I know one day everything would be put to an end and our suffering will be over by God’s grace. We are the one punishing ourselves not from God. They don’t even have the mercy of the masses at their hearts at all.
Thus government is the most wicked government ever to be witnessed in the sixty years of independent if this country. Every thing is in increase, while one salary is static. What crime have Nigeria done to warrant this wickedness from Buhari government. You increase fuel pump price, we kept quiet, you increased tax, we kept quiet, you closed borders and food items skyrocket. And as if that is not enough he increases electric tarrif. Is it a crime to be Nigeria. Our counterpart in USA will sweat once to get $1 but we here will sweat 500 times to get $1 What kind of one chance autopilot government have we entered