Home News Increasing Prices of Prepaid Meters At This Time Shows FG is Insensitive – Gani Adams
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Increasing Prices of Prepaid Meters At This Time Shows FG is Insensitive – Gani Adams

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Increasing Prices of Prepaid Meters At This Time Shows FG is Insensitive - Gani Adams | Daily Report Nigeria
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The Aare Ona Kakanfo of Yorubaland, Gani Adams, has condemned the increase in the prices of prepaid electricity meters by the federal government.

On November 11, The Nigerian Electricity Regulatory Commission (NERC), announced an increase in the prices of electricity meters.

The NERC raised the price of a single-phase meter from N44,896.17 to N58,661.69, while a three-phase meter was increased from N82,855.19 to N109,684.36.

Speaking on the development in a statement signed by Kehinde Aderemi, his spokesman, Adams said the increase shows government “insensitivity to people’s plight”.

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The statement reads: “The sudden increase in the prices of electricity meter, as well as the prices of gas, could only worsen the present situation in the country,”

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“It is unfortunate that Nigerians are being ripped off in such a cruel manner, especially by a government that prides itself as a government of the people.

“How can you explain a 54 percent increase in electricity meter prices without considering the huge effect on the people? That is very bad.

“The federal government should desist from embarking on policies that are of no interest to the people. The timing of the increase was wrong and government is deeply insensitive to the plight of the people.

“Nigeria is creeping badly and prices of commodities have reached the rooftop without any hope. I think it is very important for the federal government to look into the issues properly and come out with whatever outcome that can reduce the suffering of the people.”

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