The Peoples Democratic Party
(PDP) says the proposed increase in electricity tariff by the federal government
will worsen the suffering of Nigerians.
The Nigerian Electricity
Regulatory Commission (NERC) announced a review of the multi-year tariff order
(MYTO) 2015 and the minimum remittance order (MRO). From April, 11 electricity
distribution companies (DisCos) will adjust their tariffs upwards.
In a statement on Sunday, Kola
Ologbondiyan, PDP spokesperson, described the increase as a toxic New Year’s
gift to Nigerians.
He said the action is injurious
to the well-being of Nigerians and that it will further lead to economic
crisis.
“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 percent to 7.5 by the APC
administration, are now being further suppressed with increased electricity
tariff,” Ologbondiyan said.
“Our party holds that the
increase in electricity tariff, under the prevailing harsh economic conditions,
is injurious 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 food, medicine, housing, education and other
critical needs.
“This APC policy, 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 Buhari administration.
“Moreover, the PDP invites
Nigerians to note that this toxic and distasteful ‘new year gift’ by the APC
administration, at a time Nigerians are coming back from yuletide festivities,
shows that the APC is indeed unfeeling, insensitive and have no iota of regard
for the sensibilities and wellbeing of our citizens.”
Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com