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Youths fault hike in electricity meter prices

By Uzoma Nzeagwu, Awka
17 November 2021   |   3:42 am
Coalition of South East Youth Leaders (COSEYL) has faulted the move by Nigerian Electricity Regulatory Commission (NERC) to increase the prices of electricity meter, arguing that it will cause more hardship in the country.

Coalition of South East Youth Leaders (COSEYL) has faulted the move by Nigerian Electricity Regulatory Commission (NERC) to increase the prices of electricity meter, arguing that it will cause more hardship in the country.

In a statement, yesterday, the President-General of COSEYL, Goodluck Ibem, said while electricity consumers were already finding it difficult to pay the old electricity meter price of N44.896.17 for single phase meter and N82.855.19 for three-phase meter, NERC wanted to add more to their plight.

Lamenting that the new meter price will lead to more hardship, hunger and deaths, Ibem urged NERC to even reduce the old price and make life bearable for the masses.

According to him, COSEYL, which is the umbrella body of youth groups in the South East geopolitical zone, calls on the authorities concerned to withdraw the hike.

The statement made available to newsmen in Awka reads: “We call on the Federal Government led by President Muhammadu Buhari to immediately halt the proposed hike in electricity meter cost and reduce the old price.

“It is gross insensitivity on the part of the Federal Government to increase prices when Nigerians are suffering and dying as a result of increase in the price of cooking gas to N800 per kilogramme as against N350, and gross inflation that has led to increase in the prices of goods and services. Most essential goods and services are above the reach of the common man.” He rather advocated price reduction to N30,896.17 for single phase meter and N55,855.19 for three-phase meter.

They group stated: “It is lack of ideas for a government to believe that the way to govern its citizens is to arbitrarily increase the prices of goods and services, when it is clear that such polices are not working, but killing those who the swore to govern and protect.

“The major constitutional responsibility of the Federal Government to Nigerians is to provide security, power, social amenities etc. The Federal Government has failed in its primary duties.”