Would you like to receive notifications on latest updates of the following headlines?

Nigerians Unsettled Over Electricity Tariff Increase

POSTED ON June 20, 2023 •   Nigeria      BY Akinbohun Samuel

The first 22 days of President Bola Ahmed Tinubu's government have been "bitter-sweet" for many Nigerians.

His swift judgments, which have been praised by many as "bold," "decisive," and "correct," among other things, are not without the accompanying impacts that are dismal and trying for the typical Nigerian.

For instance, the cost of Premium Motor Spirit (PMS) has increased significantly since the fuel subsidy was eliminated. A Value Added Tax (VAT) on PMS has recently been the subject of rumors. Nigerians have been made even more uneasy by an electrical pricing increase anticipated for July 1.

Nigerians are currently coping with the hard economic realities brought on by the elimination of fuel subsidies when the development takes place.

Popular social media personalities Daniel Regha and Kelvin Odanz encapsulated the feelings of the majority of Nigerians.

"Fuel subsidies are gone, education subsidies are gone, and diesel now has a VAT that will raise its price and have an impact on the pricing of items on the market. The electricity subsidy is about to go off. All of these in a single month. too quickly. Far too much. Nigerians are in need. On Monday, Kelvin Odanz tweeted, "We are being choked.

Daniel Regha declared categorically that the people were not well-served by the current administration's policies.

"It shouldn't be news that Tinubu met with Dangote and Bill Gates in the presidential residence. What has this government done that benefits the general public? From eliminating fuel subsidies to allegedly preparing to raise power rates. It's never about us," he said on Monday on Twitter.

Nigerians are especially concerned about the rumored tax on PMS because they are afraid of more economic problems that might increase inflation.

READ ALSO
Dengue Fever Outbreak, 86 Cases Confirmed
BY Abiodun Saheed Omodara July 4, 2025 0

EDO, Nigeria - The Ministry of Health in Edo State reported on Friday that there is an outbreak of d...

READ ALSO
Federal High Court Orders Reinstatement of  Natasha Akpoti-Uduaghan, Calls Suspension "Excessive"
BY Abiodun Saheed Omodara July 4, 2025 0

A Federal High Court in Abuja ruled on Friday that the Nigerian Senate exceeded its authority by sus...

READ ALSO
UK Govt. Bans Caregiver Jobs Major Changes for Nigerian Applicants
BY Abiodun Saheed Omodara July 3, 2025 0

Nigerians looking to move to the United Kingdom (UK) for better opportunities through caregiver job...

READ ALSO
Nigeria Aims to Eliminate Routine Flaring by 2030 and Cut Methane Emissions by 60% by 2031
BY Abiodun Saheed Omodara July 3, 2025 0

The Nigerian Upstream Petroleum Regulatory Commission has announced that its gas-focused transition...

READ ALSO
2027 Election: Aisha Yesufu Urges ADC to Prioritize Youth,Women in Leadership
BY Abiodun Saheed Omodara July 3, 2025 0

Socio-political activist Aisha Yesufu has expressed concerns regarding the makeup of the recently fo...

READ ALSO
NNPCL Revamps Financial Discipline, Collaborate with Independent Producers
BY Abiodun Saheed Omodara July 3, 2025 0

The CEO of Seplat Energy Plc, Roger Brown, stated that the Nigerian National Petroleum Company Limit...

READ ALSO
Nigeria Unveils 37 New Crude Oil Evacuation Routes to Combat Theft and Boost Production
BY Abiodun Saheed Omodara July 3, 2025 0

The Federal Government has sanctioned 37 new crude oil evacuation routes nationwide as part of refor...

READ ALSO
NCC, REA Forge Partnership to Enhance Rural Connectivity and Energy Solutions
BY Abiodun Saheed Omodara July 3, 2025 0

The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have officia...

OUR CHANNELS:

Tinubu Renamed University of Maiduguri in Honor of Late President Muhammadu Buhari
BY Abiodun Saheed Omodara July 18, 2025 0

President Bola Tinubu has approved the renaming of the University of Maiduguri in Borno State to Muh...


Obama’s Debunk Report on Divorce
BY Abiodun Saheed Omodara July 19, 2025 0

Former U.S. President Barack Obama and his wife, Michelle, have put to rest rumors regarding their m...


Bayelsa Govt. Cautions Principal Officers on Pension Delay
BY Abiodun Saheed Omodara July 18, 2025 0

The Bayelsa State Government has cautioned principal officers of local government councils to avoid...


NLC Decries Nigeria's Poor Labor Rights Record as National Disgrace
BY Abiodun Saheed Omodara July 18, 2025 0

The Nigeria Labour Congress (NLC) has expressed its worries about the nation's inadequate performanc...


Israeli Strike Hits Catholic Church in Gaza, Killing Two Civilians
BY Abiodun Saheed Omodara July 19, 2025 0

An Israeli airstrike on Gaza's sole Catholic Church resulted in the deaths of two individuals on Thu...


SSC Napoli Completes €25 Million Deal for Noa Lang from PSV
BY Abiodun Saheed Omodara July 19, 2025 0

Serie A champions Napoli confirmed on Thursday that they have signed Dutch forward Noa Lang from PSV...


Civil Defence Board Temporarily Closes Recruitment Portal for System Enhancements
BY Abiodun Saheed Omodara July 17, 2025 0

The Civil Defence, Correctional, Fire and Immigration Services Board has temporarily closed its recr...


Nigeria Should Aim for 60,000 Megawatts of Power Generation- Dangote
BY Abiodun Saheed Omodara July 18, 2025 0

President of the Dangote Group, Alhaji Aliko Dangote, argues that Nigeria's low electricity generati...


FG Denies Emergence of New Terrorist Groups Amid Turkish Warnings
BY Abiodun Saheed Omodara July 19, 2025 0

The Federal Government On Wednesday, stated that no new terrorist groups have emerged in the country...


151 Senior Police Officers Face Misconduct Hearings- NPF
BY Abiodun Saheed Omodara July 19, 2025 0

The Nigeria Police Force has revealed that 151 senior officers are currently undergoing proceedings...


More Articles

Load more...

Menu