The Northern Elders Forum (NEF) yesterday expressed concern and disappointment on the recent decision by President Bola Tinubu’s government over the increase in electricity tariff.It described the hike as a “reckless move” and a complete disregard for the well-being and welfare of the Nigerian people.
In a statement by Abdul-Azeez Suleiman, its Director of Publicity and Advocacy, the pan-northern group said it “recognizes that this drastic increase in electricity tariffs will have a significant negative impact on the already struggling population, further exacerbating the gap between the rich and the poor.”
It said the breakdown of the new tariffs revealed an alarming burden that the average Nigerian will face in affording electricity on a daily basis.
“Under the new tariff plan, 24 hours of electricity per day will cost a staggering N5,400, amounting to an unbearable monthly total of N162,000 and an astounding yearly total of N1,971,000.“These exorbitant amounts are simply unaffordable for the majority of Nigerians, who are already grappling with economic hardship and trying to make ends meet.
