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Fashola asked to resign - Politics - Nairaland

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Fashola asked to resign by joearinze(m): 7:52am On Oct 19, 2016
Fashola under fire over proposed increase in electricity tariff

Electricity consumers have lashed out at reports of a proposal by power distribution companies to raise the average energy charge to N105 per kilowatt-hour from the current rate of 22.8KWH.

The fresh increase if implemented will see electricity tariff being paid by consumers increase over 200 per cent, less than eight months after about a 45 per cent increase in tariff was imposed on electricity consumers nationwide. READ ALSO: Nigeria’s power generation reduces to 3,531 megawatts The power firms attributed the proposed increase to high inflation rate in the country, scarcity of foreign exchange, devaluation of the naira and the huge debts being owed them. Already, the Discos said they had hinted the Nigerian Electricity Regulatory Commission about the proposal but no action had been taken on it yet. But the news of the proposed increase in electricity tariff has angered some Nigerians who have called on the minister of power, works and housing, Babatunde Fashola to resign.

The aggrieved consumers described the proposed hike in tariff as ill-timed considering the current economic recession. Others called for a revolt against the politician for failing to fulfill most of their campaign promises.

read more https://www.naij.com/1020196-200-increase-electricity-tariff-fashola-asked-resign.html

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