Connect with us

Nigeria News

Electricity Tariff Hike: Falana Knocks Adelabu, Says Minister Is Acting IMF, World Bank Script

Published

on

at

Electricity Tariff Hike: Falana Knocks Adelabu, Says Minister Is Acting IMF, World Bank Script

Human rights lawyer, Femi Falana (SAN) has accused the Minister of Power, Adebayo Adelabu, of playing out a script written by the International Monetary Fund (IMF) and the World Bank regarding the hike in Nigeria’s electricity tariff.

He accused the two international finance agencies of being responsible for the decisions of the federal government under the leadership of President Bola Tinubu to remove all subsidies including fuel subsidy and electricity subsidy.

Falana who made his mind known during a Channels TV interview, argued that the move has put such services beyond the reach of ordinary Nigerians and, in turn, making life difficult for them.

Naija News recalls Adelabu on Monday, warned that there would be a total blackout in the country in the next three months if the proposed electricity tariff hike is not implemented.

Advertisement

The minister disclosed this in Abuja when he appeared before the Senate Committee on Power at an investigative hearing over the recent electricity tariff hike by the Nigerian Electricity Regulatory Commission (NERC).

Adelabu said, “The entire sector will be grounded if we don’t increase the tariff. With what we have now in the next three months, the entire country will be in darkness if we don’t increase tariffs.

“The increment will catapult us to the next level. We are also Nigerians, we are also feeling the impact.”

Advertisement

However, Falana, in his reaction, accused the Nigerian government of bowing to the demands of the IMF and World Bank.

He also accused the Western nations, particularly the United States of America, of playing double standards.

He said, “The Honourable Minister of Power is acting the script of the IMF and the World Bank.

Advertisement
Advertisement

“Those two agencies insisted and they continue to insist that the government of Nigeria must remove all subsidies. Fuel subsidy, electricity subsidy and what have you; all social services must be commercialised and priced beyond the reach of the majority of Nigerians.

“So, the government cannot afford to protect the interest of Nigerians where you are implementing the neoliberal policies of the Bretton Wood institutions.”

According to Falana, Western nations provide subsidies for agriculture, energy, and fuel and offer grants and loans to needy students while advising the Nigerian government against implementing similar measures for its people.

Passionate writer, content provider, inspired by the opportunity to learn new things.