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PDP Rejects Hike In Electricity Tariffs, Asks FG To Rescind ‘Obnoxious Policy’

 

The Peoples Democratic Party (PDP) on Sunday introduced its rejection of the rise in electrical energy tariff by the Federal Government.

The fundamental opposition celebration in a Tweet on its official deal with referred to as on the Federal Government to rescind the coverage which it described as obnoxious and injurious to the wellbeing of Nigerians.

READ ALSO: Nigerian Govt Increases Electricity Tariffs

“The PDP rejects, in its entirety, the over 200 percent increase in electricity tariff announced by the APC-led administration, describing it as draconian and completely against the interest and wellbeing of Nigerians.

“The party charges the Federal Government to immediately rescind the obnoxious and provocative policy and consult further with Nigerians before any such tariff hike,” PDP assertion on its official deal with learn partly.

The PDP additionally described the rise in electrical energy tariff as a furtherance of the fleecing of Nigerians, ‘who are already overburdened and groaning under the weight of high costs, economic repression and heavy taxes.’

The celebration stated additional that, “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.

“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.”

The Federal Government, by way of the Nigerian Electricity Regulatory Commission (NERC) on Saturday, accepted the fast assessment of electrical energy tariffs throughout the nation.

NERC introduced this in a collection of paperwork obtained by Channels Television.

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