ADVERTISEMENT
The Sun Nigeria
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun
No Result
View All Result
The Sun Nigeria
No Result
View All Result
Home News

VON DG hails Buhari for halting electricity tariff hike

10th January 2021
in News
0
Late Badeh’s forfeited house now VON office – Osita Okechukwu
0
SHARES
62
VIEWS
Share on FacebookShare on Twitter

The Director-General of Voice of Nigeria (VON), Mr Osita Okechukwu, has lauded President Muhammad Buhari for halting electricity tariff hike in the country.
Okechukwu gave the commendation while speaking with journalists at the inauguration of the All Progress Congress (APC) ward executives at Eke community in Udi Local Government Area of Enugu State on Sunday,
According to him, “I thank President Muhammadu Buhari for saying ‘No’ to incessant shylock electricity tariff hike; to be exact, almost three times since the inception of his regime.
“I have carefully perused the defence advert of Nigerian Electricity Regulatory Commission (NERC) and begged to disagree with them.
“For the avoidance of doubt and without prejudice to their defence, adjustment from N2 to N4 per kwhr, according to them, to reflect the partial impact of inflation and movement in foreign exchange rates.
“Increase in tariff will make the greatest number to remain in darkness, while the few, who can pay, will continue to enjoy electricity. Is that the improvement we are yearning for?
“No, the truism is that the lame excuse cannot exonerate the electricity distribution companies (DisCos) from breaching the agreement they had with Nigerians to fix the moribund distribution networks”.
The VON DG noted that it would be better for the president to consider the revocation of the agreement with the DisCos) nationwide, adding that their incapacity would thwart economic development in Nigeria.
“This may make it impossible to realise the president’s objective to lift millions out of poverty. Bet to me, even if tariff is increased 10 times, they lack the capacity to turn around the electricity distribution infrastructure in the country.
“Our problem started with a rigged privatisation exercise. It is imperative to remember that the exercise was less than transparent.
“Evidence can be located in the Dr Atedo Peterside Technical Committee of the National Council on Privatisation (NCP) report, which reviewed the exercise.
“The only pragmatic solution is the termination of the agreement, as critical examination of the amount the Federal Government pumped in since 2015 to revamp this critical distribution infrastructure is more than what the DisCos invested.
“Let’s terminate the agreement and revamp the electricity distribution infrastructure, less we remain ever in darkness,’’ he said. (NAN)

Tags: BuhariDGElectricityhailshaltinghiketariffVON
Cyril

Cyril

Related Posts

Dubai tourism sector partners with Princewills Trust
News

Dubai tourism sector partners with Princewills Trust

15th April 2021
Oil spill: FG advises Ogoni people
News

Oil Spills: Space for Change accuses Oil Majors of dodgy moves to evade liability

15th April 2021
Gov Bello inaugurates Naval Base in Kogi
News

Gov Bello  mourns ex former military Milad of Oyo Ondo

15th April 2021
Next Post
Delta Govt. earmarks 33,000 hectares for oil palm cultivation

Oil palm industry deserves more attention for greater productivity – Association

Lalong establishes result delivery office to implement devt strategies

Gov. Lalong felicitates Information Commissioner, Manjang, at 60

Barbara Bush

BREAKING! George Obiozor emerges President-General of Ohanaeze Ndigbo Worldwide

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Highlights

IPOB to DSS: We make our own arms, we don’t rob banks to buy them

Obaseki refuses to backdown on N60 billion claim, calls out ‘monetary rascality’

PDP South-West Congress: Faseyi commends reconciliation committee

Kaduna property owners commend El-Rufai over court judgement

Insecurity can’t stop until option of state police, community policing, restructuring is considered – Chekwas Okorie

Kano: Death toll from poisoned juice drink rises to 10

Trending

Dubai tourism sector partners with Princewills Trust
News

Dubai tourism sector partners with Princewills Trust

15th April 2021
0

From Fred Itua, Abuja The Dubai Corporation for Tourism and Commerce Marketing (DCTCM), under its Education Tourism...

Ekiti hits 4th position on budget transparency index

Ekiti hits 4th position on budget transparency index

15th April 2021
Lagos: 263 properties to pave way as Sanwo-Olu flags off Red Line

Lagos: 263 properties to pave way as Sanwo-Olu flags off Red Line

15th April 2021
The Indigenous People of Biafra (IPOB) has responded to a claim by the Department of State Security (DSS) that the Eastern Security Network (ESN) is plotting to attack banks in part of the South-East.

IPOB to DSS: We make our own arms, we don’t rob banks to buy them

15th April 2021
Obaseki refuses to backdown on N60 billion claim, calls out 'monetary rascality'

Obaseki refuses to backdown on N60 billion claim, calls out ‘monetary rascality’

15th April 2021

Follow us on social media:

Categories

  • Abuja Metro
  • Arts
  • Broken Tongues
  • Business
  • Business Week
  • Cartoons
  • Citizen Joe
  • Columns
  • Cover
  • Culture
  • Duro Onabule
  • Editorial
  • Education Review
  • Effect
  • Elections
  • Entertainment
  • Events
  • Features
  • Femi Adesina
  • Food & Drinks
  • Frank Talk
  • Funke Egbemode
  • Gallery
  • Global Square by Kenneth Okonkwo
  • Health
  • Insights
  • Kalu Leadership Series
  • Kunle Solaja
  • Kunle Solaja
  • Letters
  • Lifeline
  • Lifestyle
  • Literary Review
  • Marketing Matters
  • Muiz Banire
  • National
  • News
  • Offside Musings
  • Opinion
  • oriental news
  • Politics
  • Press Release
  • PressClips
  • Public Sphere
  • Ralph Egbu
  • Shola Oshunkeye
  • Sideview
  • South-west Magazine
  • Sponsored Post
  • Sporting Sun
  • Sports
  • Sun Girl
  • Tea Time
  • The Flipside – Eric Osagie
  • The Sun Awards Live
  • The Sun TV
  • Thoughts & Talks
  • Time Out
  • Today's cover
  • Tola Adeniyi
  • Travel
  • Travel & Tourism
  • Trending
  • TSWeekend
  • Turf Game
  • Uncategorized
  • Updates
  • Views from Abroad
  • Voices
  • World
  • World News
  • Home
  • About Us
  • Paper Ad Rate
  • Online Ad Rate
  • The Team
  • Contact Us
  • Privacy Policy

© 2019 The Sun Nigeria - Managed by Netsera.

No Result
View All Result
  • Home
  • National
  • Columns
    • Broken Tongues
    • Capital Matters
    • Diabetes Corner
    • Duro Onabule
    • Femi Adesina
    • Frank Talk
    • Funke Egbemode
    • Insights
    • Kalu Leadership Series
    • Kunle Solaja
    • Offside Musings
    • PressClips
    • Public Sphere
    • Ralph Egbu
    • Shola Oshunkeye
    • Sideview
    • The Flipside – Eric Osagie
    • Tola Adeniyi
  • Business
  • Politics
  • Entertainment
  • The Sun TV
  • Sporting Sun

© 2019 The Sun Nigeria - Managed by Netsera.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist