Independence anniversary: Coalition worries over proposed electricity subsidy removal

The Osun Civil Societies Coalition, OCSC, has raised concerns over the government's plan to eliminate electricity subsidies by 2027. The coalition argues that affordable electricity is a necessity for the average Nigerian. They warn that the removal of the subsidy could put extra strain on households, workers, traders, farmers, artisans, and businesses that are already grappling with rising costs of essential goods and services.

In their statement marking Nigeria's 66th Independence Anniversary, the OCSC, chaired by Waheed Lawal, called for the Federal Government to address key issues in the electricity sector, such as technical losses, theft, poor infrastructure, inadequate metering, and billing problems. The coalition also demanded transparency on the financial aspects of the subsidy phase-out, including the annual cost, projected savings, and potential impacts on electricity tariffs.

They urged the government to disclose the effects of the policy on various sectors and vulnerable consumers, and to implement measures to protect them. The OCSC emphasized that Nigeria's independence should not only bring political freedom but also economic dignity, improved living conditions, and access to essential services. They acknowledged recent improvements in electricity supply in Osun State and other regions, praising the Federal Government and Minister of Power, Chief Joseph Olasunkanmi Tegbe.