The Network for Advocacy and Good Leadership Initiative, a civil liberty organization has voiced its strong objection to the Federal Government’s proposed 40 per cent electricity tariff hike, expressing concern that it will exacerbate the suffering faced by Nigerians.
The group argued that the timing of the proposed plans was ill-advised, pointing out that Nigerians are still grappling with the adverse consequences of the fuel subsidy removal.
This statement was communicated by Dr. Agodi Kanu, the Director-General of the group, and released to the public on Wednesday.
He called on the government to reconsider the proposed 40% hike, stressing the need for open and inclusive discussions with stakeholders, transparent decision-making processes, and sustainable solutions that promote the welfare and economic progress of all Nigerians.
The statement partly reads, ‘The Network for Advocacy And Good Leadership Initiative (NAGLI), strongly opposes the recent proposal by the Federal Government of Nigeria to increase electricity tariffs by 40%.’
‘We firmly believe that such a significant increase in electricity costs will have detrimental effects on citizens, businesses, and the overall economic well-being of the country. The timing in the unpleasant face of the recent removal of fuel subsidy without cushioning palliatives is unpalatable and unpopular.’
‘We present nine key points that outline our disapproval of the proposed hike in electricity tariffs and three antidotes.’
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‘A-40% increase in electricity tariffs will place an additional financial burden on already struggling households, thereby further exacerbating their challenges.’
‘Small businesses, which form the backbone of the Nigerian economy, will face increased operational costs, resulting in reduced profitability and potential job losses.’
‘Higher tariffs will lead to decreased affordability and accessibility of electricity for many Nigerians, hindering progress and limiting development opportunities.’
‘We, however, suggest that instead of burdening citizens with increased tariffs, the government should focus on promoting renewable energy sources and investing in sustainable solutions to address the electricity supply challenges.’
‘Rather than burdening consumers with higher tariffs, the government should prioritise customer welfare by addressing issues such as metering, and tariff harmonisation.’
‘That issues of disconnection without notice, poor response mechanism and self-enrichment of field staff through sharp practices must be dealt with.’