Peoples Democratic Party rejects hike of electricity tariffs in the country

0
81
PDP_LOGO

The Peoples’ Democratic Party (PDP) has announced its rejection of the increase in electricity tariff by the Federal Government.

The main opposition party in a Tweet on its official handle called on the Federal Government to rescind the policy which it described as obnoxious and injurious to the wellbeing of Nigerians.

The PDP also described the increase in electricity tariff as a furtherance of the fleecing of Nigerians, ‘who are already overburdened and groaning under the weight of high costs, economic repression and heavy taxes.’

The party said it was lamentable that Nigerians, who are already suffering the devastating negative impact of the recent increase in the Value Added Tax (VAT) from 5 percent to 7.5 by the current administration, are now being further suppressed with increased electricity tariff.

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC) on Saturday, approved the immediate review of electricity tariffs across the country.

NERC announced this in a series of documents obtained by Magic FM.