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Electricity Tariff Will Come Down Same Way SIM Cards, Phones Did - Adelabu - Politics - Nairaland 674n5x

Electricity Tariff Will Come Down Same Way SIM Cards, Phones Did - Adelabu (15723 Views)

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Islie: 6:43pm On May 24, 2024
Electricity Tariff Will Come Down Same Way With SIM Cards, Mobile Phones — Tinubu's Minister, Adelabu Tells Nigerians

The Minister of Power, Adebayo Adelabu, has claimed that the hike in electricity tariff is temporary

The minister said he is optimistic about the reduction of electricity tariff.

Adelabu disclosed this on Friday during the sectoral briefing by ministers in Abuja.

Recall that on April 3, the Nigerian Electricity Regulatory Commission, NERC, announced a 240 per cent electricity tariff hike for band A customers who receive a 20-24 hour power supply.

After the Nigeria Labour Congress (NUC) and the Trade Union Congress (TUC) called for reversal, the Commission slashed the tariff by N18.

Unsatisfied with the development, the Organised Labour threatened to go on strike.

Meanwhile, Adelabu said the electricity hike for Band A customers was a temporal hardship pending an increase in power sector output.

The minister stated that the tariff is similar to the initial price surge observed in the telecommunication sector, which eventually saw prices decrease over time.

The electricity tariff might look expensive at the moment. But I’m optimistic that these tariffs will go down. We know how much we were buying SIM cards when the telcos just came. We know how much we were buying telephones.

“But gradually, as we scale up in generation, transmission and distribution, these prices will also decrease. It’s a temporary hardship leading to a permanent gain,” Adelabu said.

In April, SaharaReporters reported how the Socio-Economic Rights and ability Project said it was suing President Bola Tinubu's istration over the arbitrary increase in electricity tariff.

SaharaReporters earlier reported that the Nigerian government had approved N225 ($0.15) per kilowatt-hour tariff increment for Band A electricity consumers in the country.

Band A are those who enjoy electricity supply for 20 hours per day.

The Vice Chairman of the Nigerian Electricity Regulatory Commission (NERC), Musliu Oseni, who made this known at a press briefing in Abuja on Wednesday, had said the increase would see the customers paying N225 instead of the current N66 kilowatt per hour.

https://saharareporters.com/2024/05/24/electricity-tariff-will-come-down-same-way-sim-cards-mobile-phones-tinubus-minister

6 Likes

incandescentena: 6:45pm On May 24, 2024
Mad minister Adelabulaba that walks around with 300000MAH power bank

174 Likes 17 Shares

Justiceganduje: 6:46pm On May 24, 2024
This man is better off as a village kindred chairman.

137 Likes 12 Shares

tommy589(m): 6:51pm On May 24, 2024
How?
Considering dollar to Naira rate,are we locally manufacturing any component use in electricity generation

29 Likes 1 Share

GreenxGreen: 6:54pm On May 24, 2024
angry
Na Thunder ⚡⚡⚡ go Fire 🔥🔥🔥 that your lie lie mouth 😡😡😡

88 Likes 8 Shares

Hez143(m): 6:55pm On May 24, 2024
we pray so!!

6 Likes 2 Shares

Remman(m): 7:10pm On May 24, 2024
what none sense! Were phones and SIM cards sold by the government? Is electricity a new thing in our economy when comparing to phones and SIM then?

This is just an empty strategy to f00| the public.

91 Likes 11 Shares

immortalcrown(m): 7:25pm On May 24, 2024
Was SIM card price low before it became 30k?

24 Likes 2 Shares

Paraman: 7:27pm On May 24, 2024
The minister should be allowed and giving the full to do a thorough job in the power sector

6 Likes 1 Share

CodeTemplar: 7:32pm On May 24, 2024
That's wrong. Recurrent part of power is the bill. The fixed part is what can be crashed because it comes rarely and is needed to get recurrent patronage. These people specialize in employing courtroom attitude to bamboozle the simple among us. That what happens when charge and bail lawyers litter the corridor of power.

6 Likes

Switruth: 7:35pm On May 24, 2024
So tarif na private company dey handle am? Idiots.

5 Likes

VeryDarkMan01(m): 8:01pm On May 24, 2024
No be Cho Cho Cho
Show workings

26 Likes 1 Share

Sabadon(m): 8:02pm On May 24, 2024
grin
iLoveYouToo(m): 8:02pm On May 24, 2024
😂 Joker
RealEmilokan: 8:02pm On May 24, 2024
Baba wereey cheesy

18 Likes 1 Share

MaziObinnaokija: 8:02pm On May 24, 2024
undecided grin sad
adecz: 8:03pm On May 24, 2024
Why dollars💲💲 price no come
down like SIM card price since APC
came to power...

In fact, since APC come power, has the
price of anything come down❓❓

APC should never, ever compare themselves
to PDP in anyway or anything because
the party is led By people of questionable
educational qualifications and family
background..

In fact, Tinubu be like person wey die
for somewhere in another country, come
reappear for Nigeria. If not, how come
he has no primary, secondary school
mates and where are his siblings and
relations sef❗️❗️🤔🤔🤔

And dem talk say Buhari na Jibril el Sudan.

16 Likes 1 Share

Felabrity: 8:03pm On May 24, 2024
Werey want use lies finish gullible apc ers

21 Likes

Gips: 8:03pm On May 24, 2024
Islie:
Electricity Tariff Will Come Down Same Way With SIM Cards, Mobile Phones — Tinubu's Minister, Adelabu Tells Nigerians



https://saharareporters.com/2024/05/24/electricity-tariff-will-come-down-same-way-sim-cards-mobile-phones-tinubus-minister

What Happened to Prepaid Meter that will soon be sold at 99,235.01....

1 Like

Nature129(m): 8:03pm On May 24, 2024
Keep deceiving yourself. That was what the government once said about removing fuel subsidy.

16 Likes

oluwaseyi0: 8:03pm On May 24, 2024
That's it there are multiple players in the same location and customers can easily switch from one provider to another
jayce232: 8:03pm On May 24, 2024
Smh
Same nonsense they told us when phcn was privatized years ago. Also with fuel subsidy removal too. But see the kind of mess we in today. All these leaders are heartless!

7 Likes 1 Share

havenz(m): 8:04pm On May 24, 2024
Till second coming, polluted APC that has gone beyond repair.

1 Like

Hollyharjii: 8:04pm On May 24, 2024
You say what?
Sofistcatdmoron: 8:04pm On May 24, 2024
Not in this yoruba government

1 Like 1 Share

RealEmilokan: 8:04pm On May 24, 2024
Baba wereey cheesy

comedians everywhere in the regime grin

2 Likes

Zico5(m): 8:05pm On May 24, 2024
Let it come down now. we cannot wait any longer. set of foolish people. They think we are all fools.

2 Likes

Illegal1(m): 8:05pm On May 24, 2024
omoh..........dis 1 even worst tinubu himslf.
BigYash: 8:05pm On May 24, 2024
The kind of lies yarimo and hell anus love to hear grin

7 Likes

federalgodey: 8:06pm On May 24, 2024
Shut up! Yeye Minister

4 Likes 1 Share

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