The conflict between President Tinubu's promises and the realities on the ground is becoming increasingly evident. In his recent address to the nation, President Tinubu outlined measures aimed at providing relief to Nigerians, including the removal of tariff fees on food and medication for six months and funding programs to support businesses. However, the rising cost of electricity stands in stark contrast to these promises of economic relief.
For many Nigerians, especially those on Band A feeders, electricity bills have skyrocketed, placing an additional financial burden on households and institutions. The government’s decision to raise tariffs comes at a time when citizens are grappling with inflation and other economic challenges, raising questions about the sustainability of President Tinubu’s broader economic strategy.
While the President’s initiatives like the minimum wage increase and business loans for SMEs are steps toward improving livelihoods, the impending electricity tariff hike could erode these gains. As the government continues to subsidize electricity, the long-term solution to the energy crisis and tariff issues remains uncertain, leaving many Nigerians caught between promises of relief and the reality of rising costs.
