Nigeria Labour Congress (NLC) has cautioned Federal Government against going ahead with increment in electricity tariff.Information Guide Nigeria
In a statement, NLC President, Joe Ajaero, said the planned increment, scheduled to take effect July 1, 2023, is insensitive, especially in the face of hike in pump price of Premium Motor Spirit (PMS). The Guardian reports.
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“The other risk is that by the time other products or service-rendering entities come up with their new prices or rates, the ordinary person would have been compacted into dust,” he said.
Ajaero accused promoters of the electricity hike as combative and combustible characters, adding: “Market economies, which fundamentalists seek to emulate, have in place socio-economic safeguards, which we do not have. In light of this, our advice is that this proposed tariff hike be shelved for our collective safety.”NYSC Portal