Nigerians have demanded immediate reversal of the latest increase in electricity tarrif by the Nigerian Electricity Regulatory Commission (NERC).
Some residents of Akure the Ondo state capital who spoke on the increase said the decision should be reviewed in the interest of all.
ORANGE FM’s Igbekele Ologun reports that the recent increase in electricity tariff payable by power consumers across the country has been generating public outcry.
The Nigerian Electricity Regulatory Commission (NERC) had announced the tariff hike in its December 2020 minor review of the Multi Year Tariff Order and Minimum Remittance Order whereby it said a little adjustment was made to the electricity tariff.
The increase which was in variations, based on different consumer classes ranging from band A,B & C took effect from January 1, 2021.
However, the agency In statement denied a 50 per cent hike but said the tarrif adjustment from 2 naira to 4 naira was because of inflation and changes in foreign exchange rates.
People however say such move at this particular time is counter productive and would negatively impact the citizens and the nation’s economy.
Others called for immediate reversal of the increment irrespective of the percentage placed on it.
Some entrepreneurs at the Onyearugbulem Industrial park in Akure including Bowel George and makinwa Ifeoluwa lamented that the change to the current electricity tarrif in the country would take its toll on their businesses.
The Nigeria Labour Congress in Ondo state through its secretary Shado Omokehinde who said labour is always on the side of the masses called on Government to rescind its decision or prepare for a face-off.
The Public relations officer Benin Electricity Distribution Company BEDC for Ondo and Ekiti States kayode Ilori in a telephone interview explained what led to the adjustment and denied a 50 percent increment in electricity tariff.
Others said the Labour Unions should as a matter of urgency engage govt and other critical stakeholders on the way forward over controversies surrounding the new increase in electricity tariff.