OPC urges Tinubu to stop DisCos from electricity tariff hike
Oodua People’s Congress, OPC, on Sunday, called on President Bola Tinubu to stop the proposed increase in electricity tariffs by the Distribution Companies.
OPC President, Wasiu Afolabi, stated this in a statement signed by General-Secretary, Bunmi Fasehun, in Lagos.
Last Friday, Federal Government had revealed that eleven successor electricity companies have applied for a review of their respective electricity tariffs.
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But Afolabi urged Tinubu to kill the proposed electricity price increase, saying that workers under the umbrella of the Nigeria Labour Congress (NLC) and industrialists under the Manufacturers Association of Nigeria (MAN) had earlier rejected the move.
The OPC statement read, “President Tinubu should tell distribution companies that if they cannot deliver with the current tariff, they should submit their licences and close shop.
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“Moreover, the government should scrap this territorial monopoly, where only one DISCO has commandeered a service area and allows no competition.”
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