Joe Igbokwe, a prominent chieftain of the All Progressives Congress (APC) in Lagos, has appealed to President Bola Tinubu to reconsider the new electricity tariff policy. Igbokwe’s plea comes after he reported spending ₦20,000 on electricity units that lasted just one day.
In a Facebook post over the weekend, Igbokwe expressed concern over the high costs associated with the new tariff bands, particularly Band A, which offers more hours of power but at a higher rate. He highlighted that his office in Surulere, which uses several air conditioning units, saw a drastic increase in its electricity expenses.
Igbokwe warned that if the government does not address the steep rise in electricity tariffs, many businesses could be forced to shut down. He urged President Tinubu to review and adjust the policy to better align with the current economic conditions.
“PBAT, please look into the new electricity tariff in Nigeria. It will kill businesses if the government does not act as quickly as possible. I have a small office in Surulere with about 7 units of AC. We used to buy 300 plus units for ₦20,000. Yesterday we bought ₦20,000 worth of units and it lasted for just one day. They call it Band A group. I pray that we review this,” he wrote.