Fuel Price, Electricity Tariff Hike: ‘Everything Keeps Increasing But Minimum Wage Doesn’t’

Protests in Oyo, Osun over fuel price, electricity tariff hike — Nigeria — The Guardian Nigeria News – Nigeria and World News
Protests in Oyo, Osun over fuel price, electricity tariff hike

“That is how they normally talk. They will say they are doing it in our interest, but it’s all lies. How much am I earning? Don’t I have a family to take care of? This is callous of them.

“While governments of other countries are trying to make life better for their people, here, they want to choke us with increase in this and that.

“Everything keeps increasing but the minimum wage doesn’t increase,” Mr Hammed, a 47-year-old carpenter told Information Nigeria while reacting to the increase in fuel price and electricity tariff.

As Nigerians went about their daily activities despite the restraints caused by the Coronavirus pandemic, hoping to surmount the challenges brought about by the unexpected tragedies witnessed in the year 2020, the subsidiary of the Nigerian National Petroleum Corporation (NNPC), Pipelines and Product Marketing Company (PNPPC), announced an increase in the ex-depot price of fuel from N138.62 to N151.56 per litre.

A few hours later, the price was adjusted to N147.67. The ex-depot price is the price at which the product is sold to marketers at the depots.

This announcement comes shortly after the increase in electricity tariff that welcomed Nigerians into the month of September. Although this has been described to be in the best interest of the populace, the thought of having to pay more, despite slashed salaries and unreliable power supply has become quite difficult to bear for many Nigerians.

The assurance of Oyebode Fadipe, general manager of corporate communications at Abuja Electricity Distribution Company, that “the Service Reflective Tariff (SRT) plan is a NERC mandated tariff structure whereby an upward increment in tariffs will result in substantially longer hours of power supply, good quality voltage profile, swifter response to faults clearing and provision of pre-paid meters” is not sufficient to assuage the thought of tariff-induced burden growing in the mind of  Mr Hammed who told Information Nigeria that the government is on a wanton mission to further impoverish his ilk.

Read Also: FG Never Promised To Keep Fuel Price Permanently Low, Says Petroleum Minister

Nigerians, known for doggedness and tenacity during tough periods, could not but worry over the state of economic affairs of the country. However, the increase in fuel price was bound to happen, considering that the government had announced in March that there would be subsidy removal on petrol in order to hand over the reins of importation to private companies such that market forces would begin to determine the retail price of Premium Motor Spirit (PMS).

The PNPPC’s adjustment of the ex-depot price twice within a few hours, inevitably caused varied retail prices at different filling stations across the country. Some filling stations in Lagos state sold at N161 per litre while others sold at N159 per litre. However, the uniform price of N151 soon took effect.

Gas retailer, Christopher Okafor, is not convinced by the official statement from the ruling party. He tells Information Nigeria that he is displeased with the government’s move but is optimistic that better days would return.

He said: “If I tell you that I’m happy with the increase in the price of petrol, I will be the biggest liar on earth. It displeases me to my heart. Why now during COVID, when there is increase in the prices of other commodities? It is very unfair to us, but as usual, we will pull through.”

A 45-year-old beauty salon owner who pleaded anonymity, told Information Nigeria that she is fed up with the electricity billing. She has just one hairdryer in her small shop but her electricity bills run into N40,000 per month.

“This is exhausting”, she begins.

“But what am I to do?” She laughs for a while, probably trying not to let the burden get the better part of her.

“This is my only source of livelihood. I have to support my husband. I can’t stay idle. Now there is a tariff increase, it’s crazy. What can the masses do? What am I selling? That they want to finish me with such bills.”

Bimbo Oyemade, 37, female, is concerned about those who have lost their jobs during this period and how they would be able to afford to purchase fuel at the new price.

“I lost my aunty during this COVID. As if that was not enough, I was also among those laid off from work as a result of the pandemic. Is it now that I’m supposed to be paying so much for fuel and electricity that I am not even enjoying?

“So, other people in my shoes would also have to face this kind of hardship. I can only imagine how parents who have school fees to pay would be coping during this period. I am still trying to survive from having to purchase food items at a costlier price. I am fed up. And what’s worse is that we can’t do anything about it. We are meant to believe it’s in our own interest. Pathetic!”

Read Also: Electricity Tariff Increase: What Consumers Are Saying In Lagos

41-year-old Pastor Kenneth tells Information Nigeria that he concurs with the tweet posted by President Muhammadu Buhari’s spokesperson, Garba Shehu. In response to the PDP’s statement that the fuel price and electricity tariff increase would be unbearable for Nigerians, Shehu had tweeted thus: “Don’t allow the PDP to deceive you. Amidst acute shortages, they sold petrol at N600 per litre on Easter Sunday in 2013 (See Punch published on that day).”

“We will soon realize that this is for the best. The PDP that are now acting as saints did not do any better. In fact, they wrecked what the APC are now trying to amend. How do we expect the government to keep paying subsidy at the expense of other state-owned corporations? Think about it. That is why we will have to understand the move is a smart one, for the ultimate good of everyone”, he says.