Independence anniversary: Coalition worries over proposed electricity subsidy removal
The Osun Civil Societies Coalition (OCSC) has raised alarms regarding the Nigerian government’s plan to phase out electricity subsidies beginning in 2027. The coalition argues that access to reliable electricity must also be economically feasible for the average Nigerian citizen.
In a statement released on Thursday to mark Nigeria’s 66th Independence Day, OCSC chairman Waheed Lawal emphasized that the removal of the subsidy could exacerbate financial pressures on households, workers, traders, farmers, artisans, and businesses already grappling with rising costs for food, transportation, housing, and operational expenses.
“Any substantial increase in electricity tariffs could raise production costs, reduce disposable income, and place additional strain on small and medium-sized enterprises,” the coalition stated.
The group urged the Federal Government to tackle enduring challenges in the electricity sector, citing issues such as technical and commercial losses, electricity theft, inadequate infrastructure, insufficient metering, and difficulties in revenue collection.
The OCSC also called for transparency in the proposed subsidy phase-out, seeking clarity on the annual costs associated with the subsidy, projected savings, and anticipated effects on electricity tariffs. They insisted that Nigerians should be informed about how this policy change could impact households, farmers, manufacturers, and traders, as well as steps to protect vulnerable electricity consumers.
“Nigerians deserve a country where political freedom is accompanied by economic opportunity, affordable essential services, decent livelihoods, and a standard of living that reflects the dignity of every citizen,” the statement read. “Nigeria deserves reliable, sustainable, and affordable electricity.”
The coalition stressed the importance of the Federal Government maintaining recent improvements in electricity supply while ensuring affordability for ordinary Nigerians. They articulated that Nigeria’s independence should go beyond political freedom, encapsulating economic dignity, social development, improved living conditions, and access to essential services.
The OCSC acknowledged recent improvements in electricity supply in Osun State and other regions, commending the efforts of the Federal Government and Minister of Power, Chief Joseph Olasunkanmi Tegbe. The coalition urged the government to sustain and build on these advancements for the benefit of the populace.
