Nigerian Leader advised to halt Discos’ increase in electricity tariffs
BY BINTU JIDDA KANEMPRESS
17 JULY, 2023
A socio-Cultural and Political Organisation, the Oodua People’s Congress (OPC), has advised Nigerian President Bola Tinubu to stop the proposed increase in electricity tariffs by the Distribution Companies (DISCOs).
The leader of the OPC, Mr Wasiu Afolabi, in Lagos,
urged President Tinubu to kill the proposed electricity price increase, saying that workers under the umbrella of the Nigeria Labour Congress (NLC) and industrialists under the Manufacturers Association of Nigeria (MAN) had earlier rejected the move.
“President Tinubu should tell distribution companies that if they cannot deliver with the current tariff, they should submit their licences and close shop,” Afolabi said.
“Moreover, the government should scrap this territorial monopoly, where only one DISCO has commandeered a service area and allows no competition, “
he noted.
It will be recalled that the Nigerian Government had last Friday disclosed eleven successor electricity companies which applied for a review of their respective electricity tariffs.
