Lagos- The Aare Onakakanfo of Yorubaland, Iba Gani Abiodun Ige Adams, on Monday, November 15, admitted that the 54 percent hike in electricity meter prices, as well as the rise in prices of gas, is capable of pushing Nigerians to the wall.
He bemoaned the sudden increase, saying the mass of the people would be worst hit by the hike.
The Nigerian Electricity Regulatory Commission (NERC) had, last week, announced a 32.8 percent and 21.7 percent increase in the cost of electricity meters, adding that there will be an increase in the price of a single-phase meter from the current cost of N44, 896.17 to a revised price of N58, 661. 69.
This was even as it increased the price of a three-phase meter from the current cost of N82,855.19 to a revised rate Of N109, 684.36.
Aare Adams, in a statement made available to Legit.ng by his special assistant on media, Kehinde Aderemi, lamented the new rate, maintaining that the present situation in the country does not allow any increase in the prices of such important products.
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"The sudden increase in the prices of electricity meter, as well as the prices of gas could only worsen the present situation in the country."
"It is unfortunate that Nigerians are being reaped off in such a cruel manner, especially, by a government that prides itself as the government of the people. How can you explain a 54 percent increase in electricity meter prices without considering the huge effect on the mass of the people? That is very bad.
Adams, however, urged the federal government to desist from embarking on policies that are of no interest to the people, insisting that the timing of the increase was wrong, adding that the federal government is deeply insensitive to the plights of the people.
"Nigeria is creeping badly and prices of every commodity have reached the roof top without any hope. I think it is very important for the federal government to look into the issues properly and come out with whatever outcome that can reduce the suffering of the people."
Insecurity: Photos emerge as Makinde appoints Gani Adams as Amotekun ambassador
Meanwhile, Legit.ng had earlier reported that in his resolve to stem the tide of insecurity in the state, Oyo state governor, Seyi Makinde, has appointed the Aare Onakakanfo of Yorubaland, Iba Gani Abiodun Ige Adams as the state's ambassador for the Western Nigeria Security Network (WNSN) better known as Amotekun.
In a statement made available to Legit.ng, the governor also presented a brand new Jac Pick up Van to Aare Adams as a pilot vehicle with three members of the security outfit as part of Adams' security entourages.
The Aare Onakakanfo while receiving the van applauded the governor's courage in ensuring that Oyo state is safe for all residents.