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Organized Private Sector Against Electricity Tariff Increase

By on May 15, 2012

The government announced plans to increase the hike in electricity tariff months ago, yet Nigerians have not reacted the way they did to the fuel subsidy removal.

Kicking against the policy however are elements of the Organized Public Sector although their opposition has not been pronounced enough to attract the attention of mainstream Nigeria.

The President of the Port Harcourt Chamber of Commerce Industry Mines and Agricuture (PHCCIMA), Vincent Furo, has joined those calling on the Federal Government to reverse its decision on electricity tariff increase, calling the move unconscionable.

Speaking in Port Harcourt recently, Furo said, “Increasing tariff at this time is not right because we have suffered a lot. We have lost businesses and a lot of things have gone wrong which need to be repaired before the increase.

It isn’t right for government to increase the tariff “when we have not even seen the stability of electricity. There should be test-running to ensure that the light is stable for about three months or more to convince people that they will get their money’s worth before you tell them to pay. It is when you test-run a system that you will know whether it fits into the services you want.”

The Manufacturers Association of Nigeria (MAN) and NACCIMA have also kicked against the policy.