Electricity tariff hike: ‘Tinubu’s reforms are without human face’ – Atiku

The 2023 presidential candidate of the Peoples Democratic
Party, PDP, Atiku Abubakar, said the increase in electricity tariff will create
more difficulties for Nigerians.

Posting on X, Atiku said the Federal Government was
unleashing another dose of reforms without adequate notice and without an
adequate post-reform plan to mitigate the pain.

He wrote: “The increase in electricity tariff comes at a
time when Nigerian citizens are going through excruciating difficulties
occasioned by the withdrawal of subsidy on PMS and floating of the domestic
currency.

“The government has not successfully dealt with the pains
associated with the implementation of those measures, and now this. The hike in
electricity tariff will create more difficulties for the citizens as
inflationary pressures are elevated. Our manufacturing sector will similarly be
impacted negatively. Not only are they paying higher interest rates on their
bank loans but also paying more for diesel, paying higher wages as a result of
the new minimum wage. The President’s men are pushing the economy into a deeper
crisis. His reforms are without a human face.

“It is important that we understand the root cause of the
inefficiencies in the power sector before unleashing another dose of reforms.
It is time to revisit the privatisation exercise that produced the DISCOs.”