News
Nigerians to Start Paying Full Electricity Price as Government Plans to Remove Subsidies
Nigeria’s Minister of Power, Adebayo Adelabu, has said that Nigerians should get ready for a new electricity pricing system that reflects the actual cost of power.
Speaking during a meeting with heads of the country’s power-generating companies in Abuja, Adelabu explained that the government can no longer afford to keep spending huge sums on electricity subsidies. He noted that the federal government currently owes power generation companies over N4 trillion in unpaid subsidy debts.
According to a recent report by the Nigerian Electricity Regulatory Commission (NERC), while the actual cost of electricity is around N116.18 per kilowatt-hour, consumers only pay N88.2—leaving a gap of nearly N28 per unit that the government has to cover.
Only about 15 percent of power users, those in Band A, are not receiving subsidies, meaning the rest still benefit from the price support. Adelabu made it clear that Nigerians must begin to pay the full value for the electricity they use, although he assured that low-income citizens will still receive targeted support to help with costs.
Nigerian pastor and overseer of the Citadel Global Community Church, Pastor Tunde Bakare, addresses and reacts to the current happenings of the country regarding the kidnapping and the abductions.
The pastor urges the government on steps they can take to solve and help the people of the country. “The Nigerian government has a clear and urgent duty to protect these Middle Belt communities, who have carried the weight of violence for far too long.”
“Rather than play the ostrich and cover up clear terrorism as mere farmer-herder clashes, the Nigerian state has a responsibility to invade the camps of armed marauders who hide under the cloak of herdsmen of whatever ethnicity, and who invade defenceless communities and gleefully massacre unarmed men, women and children.”
US President Donald Trump criticizes the Nigeria government once again after the increase of insecurity over the past few days. The president stated that the government is failing to protect Christian communities from the attacks going on.
“Nigeria is a disgrace. The whole thing is a disgrace,” Trump said. “They’re killing people by the thousands. It’s a genocide, and I’m really angry about it. And we pay, you know, we give a lot of subsidies to Nigeria. We’re going to end up stopping.”
Former Vice President Atiku Abubakar speaks out against the rising insecurity in the country. He urged the government to take action and claimed that it is not too late to declare a state of emergency.
He reacted after another news of abduction of students was announced on the 21st of November.
“How many more lives must be shattered before decisive action is taken? It is not too late for the government to finally declare a state of emergency on insecurity and confront this menace with the urgency it deserves.”
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