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April 30, 2024

Electricity tariff hike imposed by IMF, World Bank – Falana

INEC can't conduct credible elections with appointment of partisan RECs - Falana

By Miftaudeen Raji

Human rights lawyer, Femi Falana, said the Federal Government is working in the interest of the International Monetary Fund (IMF) and the World Bank following a hike in electricity tariff. 

Falana stated this in an interview on Channels Television’s Politics Today on Monday.

He said, “The Honourable Minister of Power is acting the script of the IMF and the World Bank.

“Those two agencies insisted and they continue to insist that the government of Nigeria must remove all subsidies. Fuel subsidy, electricity subsidy and what have you; all social services must be commercialised and priced beyond the reach of the majority of Nigerians.

“So, the government cannot afford to protect the interest of Nigerians where you are implementing the neoliberal policies of the Bretton Wood institutions.”

The Senior Advocate of Nigeria accused Western countries led by the United States of America of double standards.

According to Falana, they subsidize agriculture, energy, and fuel and offer grants and loans to indigent students while they advise the Nigerian government against doing the same for its citizens.

Recall that the announcement of the tariff increase by the Minister of Power, Adebayo Adelabu was greeted by public outrage.

But, Adelabu said the action would not affect everyone using electricity as only Band A customers who get about 20 hours of electricity are affected by the hike.

Falana, however, said neither the minister nor the National Electricity Regulatory Commission (NERC) has justified the tariff increase.

The senior lawyer said that Nigerian law gives no room for discrimination against customers by grading them in different bands.

According to Falana, the government cannot ask Nigerians to pay differently for the same product even when what has been consistently served to them is darkness.

Falana, however, said that nothing will come out of the probe by the Senate, adding that the matter has to be taken to court so that the minister and the Attorney General of the Federation can defend the move.