Electricity tariff: Don’t derail plans in power sector, FG begs Labour

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The Nation Newspaper Electricity tariff: Don't derail plans in power sector, FG begs Labour

The Federal Government has appealed to the Organised Labour not to derail its transformation plan for the power sector, saying to achieve the desired service the current sacrifice is required.

However, reacting to the demands by the Labour unions, Adelabu said the Federal Government had noted their grievances and would be engaging further with them, emphasising that President Bola Tinubu’s administration is a listening government. “But one thing that I want to state here is from the statistics of those affected by the hike in tariff, the people on the road yesterday, who embarked on the peaceful protests, more than 95% of them are not affected by the increase in the tariff of electricity. They still enjoy almost 70% government subsidy in the tariff they pay because the average costs of generating, transmitting and distributing electricity is not less than N180 today.

“My appeal again is that they should please not derail or distract our transformation plan for the industry. We have a clearly documented reform roadmap to take us to our desired destination, where we’re going to have reliable, functional, cost-effective and affordable electricity in Nigeria. It cannot be achieved overnight because this is a decay of almost 60 years, which we are trying to correct.

“So I’m appealing to everybody that one should not toy with this before that we have embarked upon, we are aiming somewhere and we will achieve it,” he said.

 

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