Electricity tariff hike: Labour threatens to shut down economy

The organised labour has threatened to paralyze the nation’s economy if the Federal Government goes ahead with the planned hike on the electricity tariff as such planned increment would lead to closure of factories as well as unprecedented unemployment.  

National President of Non-Academic Staff Union of Educational and Associated Institutions, NASU, Comrade Chris Ani who warned against the proposed increment of electricity tarrif at the union’s National Executive Council, NEC,  meeting in Abuja, said that “increase in electricity tarrif has contributed significantly to unemployment.”

According to him,  “Many of the people seeking jobs today are casualties of companies that have either relocated out of Nigeria or outrightly closed shops as a result of high electricity tarrif or its twin brother, epileptic power supply.”