Tinubu To Nigerians: Switch Off Your Light, Learn To Control Your Electricity Bills
President Bola Tinubu has told Nigerians to learn how to manage their resources and cut unnecessary spendings.
Tinubu mentioned this in his media chat on Monday evening, urging his fellow countrymen to adopt better energy management practices to cope with rising electricity bills.
He said: โItโs not negative to learn to manage. You learn to control your electricity bill, switch off the light, letโs learn to manage.”
The President also dismissed the idea of price control, stating, โI donโt believe in price control, we will work hard to supply the market.โ
His policies have forced Nigerians to continue paying for increases in electricity tariffs.
Petrol prices have skyrocketed from less than โฆ200 per litre to over โฆ1,100 in parts of the country, while the naira has depreciated significantly, plummeting from around โฆ700/$ to as low as โฆ1,600/$.
The President defended his reforms earlier in the chat, saying that he had no regrets about removing the fuel subsidy.
He said the subsidy was draining the countryโs resources and jeopardising future investments.
The electricity regulatory commission in April had also raised tariffs for customers under the Band A classification, increasing rates from โฆ66 per kilowatt-hour to โฆ225.
The hike, coupled with economic hardships, has drawn widespread criticism from Nigerians already grappling with inflation and reduced purchasing power.