The Cause Of Electricity Tariff Hike—Kunle Kola Olubiyi

<p>&nbsp&semi;<&sol;p>&NewLine;<p><em>The Cause Of Electricity Tariff Hike is attributable to Buhari’s aides<&sol;em><br &sol;>&NewLine;<strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> has gathered that despite accusing fingers being pointed at electricity regulator for inhuman and extra ordinary increment in the cost of electricity delivery&comma; aides of President Muhammadu Buhari should be held responsible for the cause of electricity hike and government’s policy somersaults in the energy sector&period;<br &sol;>&NewLine;This was the disclosure of Kunle Kola Olubiyo&comma; President&comma; Nigeria Consumer Protection Network Group who spoke on a RayPower radio programmer on Wednesday morning&period;<br &sol;>&NewLine;Olubiyo stated that Nigerian need to understand that 85 percent of power generation is from gas and gas has international price regulation&period;<br &sol;>&NewLine;He noted that there are grid limitations&comma; a development that suffocates distribution companies in terms of output and supply&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote; Domestic joint venture agreement entails that issue of gas should be addressed by government&period; That is partly the problem&comma;” Kunle Olubiyi&comma; a member of the technical panel on system collapse&comma; explained&period;<br &sol;>&NewLine;He noted further that government&comma; must as a matter of urgency&comma; adjust in certain policies that concern power&comma; gas and energy&comma; adding that &OpenCurlyDoubleQuote;However&comma; President Muhammadu Buhari’s aides and foot soldiers&comma; some of who deliberately ill advise the President&comma; are the problems&period;”<br &sol;>&NewLine;Meanwhile&comma; there has been confusion in the energy <a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">consumer<&sol;a> circle over the arbitrarily increase of electricity tariff<br &sol;>&NewLine;from 2 percent to 4 percent per<br &sol;>&NewLine;kilowatt&period;<br &sol;>&NewLine;Already&comma; Nigerians who are groaning under high cost of living including but not limited to ravaging pandemic&comma; high interest and insecurity are gearing up for a showdown with the government&period;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;