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A chieftain of the All Progressives Congress in Osun State, Olatunbosun Oyintiloye, has stated that the directive of President Bola Tinubu, on the stoppage of the implementation of the hike of electrical energy tariff is commendable.
Oyintiloye, whereas talking with newsmen on Sunday in Osogbo, stated that the directive was a real reflection that the president was delicate to the plights of the lots.
Will probably be recalled that the minister of energy, Adebayo Adelabu, had on November 8 revealed that President Tinubu just lately stopped the implementation of a hike in electrical energy tariff and insisted that subsidy be paid on energy consumed nationwide.
Oyintiloye, a member of the defunct APC Presidential Marketing campaign Council, stated that eradicating electrical energy subsidy whereas Nigerians have been nonetheless battling with the consequences of gas subsidy removing would have been counter-productive.
He stated the president’s resolution on the electrical energy hike exhibits that he was in fixed contact with the emotions and aspirations of Nigerians.
The APC chieftain stated that within the quarterly report by the Nigerian Electrical energy Regulatory Fee, the federal authorities’s subsidy within the energy sector hit N135.2 billion within the second quarter of 2023, from the N36 billion it paid within the first quarter.
He stated the NERC experiences additionally revealed that the N135.2 billion recorded within the second quarter of 2023 was a rise of N99.21 billion or 275 per cent in comparison with the earlier quarter of N36 billion.
Oyintiloye famous that the NERC report disclosed that the federal government continues to be subsidising electrical energy for the lots.
He stated eradicating the electrical energy subsidy, which the federal government was nonetheless paying to fill the hole between the reflective tariff price and allowed tariff price, would have been one other burden on the lots.
“We have to commend the president for not permitting the hike in electrical energy tariff at this second to scale via.
“This actually exhibits that the president meant effectively for Nigerians and all his financial insurance policies are in line and tune with actuality, which is in the perfect curiosity of the populace.
“Eradicating electrical energy subsidy presently whereas Nigerians are nonetheless scuffling with the consequences of gas subsidy removing is not going to have been the perfect.
“However as a result of the president is a person who understands what persons are presently going via when it comes to trade fee, galloping inflations amongst others.
“And the president is working so arduous to make Nigerians smile once more; that’s extra purpose he didn’t permit the hike to scale via,” he stated.
Oyintiloye additionally recommended the president for permitting free and honest elections in Kogi, Imo, and Bayelsa states, including that the outcomes of the election present that the president is a person of integrity.
He stated individuals have been allowed to vote peacefully for the candidate of their alternative with none type of intimidation or harassment.
“This actually exhibits {that a} new Nigeria is feasible underneath this current administration.
“All what we have to do is to maintain on supporting the president and his group as they navigate the ship of the nation to the promise land,” he stated.
Oyintiloye, nonetheless, congratulated Gov. Hope Uzodimma of Imo for his re-election, his Bayelsa counter, Douye Diri, and the newly elected Kogi governor, Usman Ododo.
He stated the elections of the three governors present that Nigerians nonetheless have a really sturdy perception within the neutrality of the APC authorities.
Oyintiloye, a former lawmaker, nonetheless, urged Nigerians to help the federal government in its “Renewed Hope Agenda,” including the nation will rise above its present challenges very quickly.
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