Independence anniversary: Coalition worries over proposed electricity subsidy removal

The Osun Civil Societies Coalition, OCSC, has expressed interest implicit the projected phase-out of energy subsidy from 2027, arguing that reliable energy should besides beryllium affordable to mean Nigerians.

The OCSC said removing the subsidy could spot further unit connected households, workers, traders, farmers, artisans and businesses already facing accrued costs of food, transportation, lodging and concern operations.

The conjugation made the telephone successful its Independence Day connection marking Nigeria’s 66th Independence Anniversary on Thursday, which was signed by its Chairman, Waheed Lawal.

According to the coalition, “any important summation successful energy tariffs could rise accumulation costs, trim disposable income and spot further unit connected tiny and medium-sized businesses.”

The radical truthful urged the Federal Government to code structural challenges successful the energy sector, including method and commercialized losses, energy theft, inadequate infrastructure, insufficient metering, estimated billing, gross leakages and postulation difficulties.

The OCSC besides called for greate...