Learn To Control Your Electricity Bills, Switch Off Your Light — Tinubu Tells Nigerians
Tinubu mentioned this in his media chat on Monday evening, urging his fellow countrymen to adopt better energy management practices to cope with rising electricity bills.
President Bola Tinubu has told Nigerians to learn how to manage their resources and cut unnecessary spendings.
Tinubu mentioned this in his media chat on Monday evening, urging his fellow countrymen to adopt better energy management practices to cope with rising electricity bills.
He said: “It’s not negative to learn to manage. You learn to control your electricity bill, switch off the light, let’s learn to manage.”
The President also dismissed the idea of price control, stating, “I don’t believe in price control, we will work hard to supply the market.”
His policies have forced Nigerians to continue paying for increases in electricity tariffs.
Petrol prices have skyrocketed from less than ₦200 per litre to over ₦1,100 in parts of the country, while the naira has depreciated significantly, plummeting from around ₦700/$ to as low as ₦1,600/$.
The President defended his reforms earlier in the chat, saying that he had no regrets about removing the fuel subsidy.
He said the subsidy was draining the country’s resources and jeopardising future investments.
The electricity regulatory commission in April had also raised tariffs for customers under the Band A classification, increasing rates from ₦66 per kilowatt-hour to ₦225.
The hike, coupled with economic hardships, has drawn widespread criticism from Nigerians already grappling with inflation and reduced purchasing power.
