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

Nigerians Unsettled Over Electricity Tariff Increase

POSTED ON June 20, 2023 •   Uncategorized      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
Ododo Reorganizes the Tourism Board, Kogi Hotels
BY Ebiakuboere England December 3, 2024 0

KOGI- Kogi State Governor Alhaji Ahmed Ododo has appointed former Kogi Hotels and Tourism Board Chai...

READ ALSO
Rivers Varsity Suspends Four Students For Assault
BY Benedicta Bassey June 16, 2024 0

The Rivers State University, Nkpolu-Oroworukwo, Port Harcourt has suspended four of its students con...

READ ALSO
French Embassy Unveils Waste Management Project Worth €753,000 in Varsities
BY Benedicta Bassey June 14, 2024 0

The French Embassy, via the Cooperation and Cultural Department, has launched a plastic waste manage...

READ ALSO
ATBU Enhances Research Capacity For Lecturers
BY Benedicta Bassey June 14, 2024 0

The management of the Abubakar Tafawa Balewa University, Bauchi, has enhanced research capabilities...

READ ALSO
Russia Dismisses Claim of Recruiting Nigerian Students For Ukranian War
BY Benedicta Bassey June 13, 2024 0

The Russian Embassy in Nigeria has debunked the claims of recruiting African students, particularly...

READ ALSO
Soludo Warns Tinubu Against Accepting Unsustainable Minimum Wage
BY Benedicta Bassey June 13, 2024 0

Anambra State Governor Charles Soludo on Thursday warned President Bola Tinubu against approving &ld...

READ ALSO
Obi Cubana Lauds Burna Boy For Settling Patients' Hospital Bills
BY Ebiakuboere England June 12, 2024 0

Award-winning Nigerian music star Damini Ogulu, also known as Burna Boy, has been praised by million...

READ ALSO
U.S Don Laments Poor State of Education in Nigeria
BY Benedicta Bassey June 12, 2024 0

A Doctorate in Computer Science from the University of the District of Columbia, in Washington, Unit...

OUR CHANNELS:

NDLEA nabs Angolan Tycoon with 120 pellets at Kano Airport
BY Abiodun Saheed Omodara March 2, 2025 0

The National Drug Law Enforcement Agency (NDLEA) has apprehended a 42-year-old Angolan businessman,...


Chief Imam urges Muslim Men to support wives during Ramadan
BY Abiodun Saheed Omodara March 3, 2025 0

The Chief Imam of Ajiyobiojo Central Mosque in Ilorin, Kwara State, Saheed Ajiyobiojo, has urged Mus...


Inflation Surges: Nigerians advocate for policies to support economic stability and growth
BY Abiodun Saheed Omodara March 3, 2025 0

Nigerians have urged the federal government to put in place effective measures to curb inflation and...


WHO urges African governments to take charge of their healthcare system
BY Abiodun Saheed Omodara March 2, 2025 0

ABUJA,Nigeria - The Acting Regional Director of the World Health Organization (WHO) for the Africa R...


Scam Alert: N329m lost in BVN fraud as agents register static images
BY Abiodun Saheed Omodara March 2, 2025 0

Fraudsters have stolen N329 million by utilizing static images to register for Bank Verification Num...


FG launch Alau Dam with 80bn reconstruction fund
BY Abiodun Saheed Omodara March 2, 2025 0

Borno, Nigeria (NAN) - The federal government, through the Federal Ministry of Water Resources and S...


I will do everything possible’ to ensure Karaduwa State creation- Deputy Senate President
BY Abiodun Saheed Omodara March 2, 2025 0

Deputy Senate President Barau Jibrin expressed his backing on Saturday for establishing Karaduwa Sta...


UAE declares march 1 as start of Ramadan 2025
BY Abiodun Saheed Omodara March 2, 2025 0

In a significant announcement, the United Arab Emirates' Ramadan Crescent Moon Sighting Committee ha...


JUST IN: Supreme Court nullifies Rivers council election, dismissing 23 APP chairmen
BY Abiodun Saheed Omodara March 3, 2025 0

RIVERS, Nigeria - Five months following the Rivers State Council election, the Supreme Court has dis...


Meranda denies police claims of full security restoration
BY Abiodun Saheed Omodara March 2, 2025 0

The Speaker of the Lagos State House of Assembly, Mojisola Meranda, has disclosed that the Nigerian...


More Articles

Load more...

Menu