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Electricity Tariff: Increasing Electricity Tariff For The Rich is Best - Peter Obi
Posted by Thandiubani on Mon 08th Apr, 2024 - tori.ngRecall that the Nigerian Electricity Regulatory Commission approved a tariff increase on Tuesday last week for Band A customers.
The Presidential candidate of the Labour Party, LP, in the 2023 general elections, Peter Obi has said he's in support of hike in electricity tariff for the rich.
He was reacting to the decision of the President Bola Ahmed Tinubu’s government to increase electricity tariff hike.
Obi, on Sunday, said increasing electricity tariff for the rich is best.
Recall that the Nigerian Electricity Regulatory Commission approved a tariff increase on Tuesday last week for Band A customers.
Reacting to the development, Obi said that was the solution to Nigeria’s electricity challenges.
He stressed that a tariff increase for urban areas that can afford it is understandable.
“The solution is very simple (referring to electricity tariff hike), you can increase the tariff for those in areas where they can afford it.
“We must do a lot in power generation because it has taken so long. But we have to take into consideration that the majority of Nigerians are suffering.
“So we need to support people in those areas to be able to live and be able to produce something.
“When they start to produce something, we are pushing them out of poverty, and that’s where my theory of moving from consumption to production comes in”, he said.
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