Fuel Hike: Ensure Stable Electricity for Nigerians.... CHRPC

The Center for Human Rights and Public Complaints CHRPC has observed that the surge in petrol prices occasioned by the removal of subsidy is the latest headache facing millions of small businesses in Nigeria, a couple of months after a cash crisis caused economic activity to shrink for the first time in almost three years.

While President Bola Tinubu is commended for assenting to the electricity bill which authorizes states, companies and individuals to generate, transmit and distribute electricity the group called on the Federal Government to ensure that there is swift implementation across the country.

The group, CHRPC made the observation in a statement by its State Chairman, Comrade Ejiro-steve Unukpo who disclosed that, Small business operators in the country have been grappling with combination of issues, including poor power supply, rising borrowing costs, soaring inflation, restrictive economic policies.

CHRPC however, Urged president Bola Tinubu to declare the poor power supply is gone and the implementation should be instantaneous like that of "Subsidy is Gone". There should be swift implementation of policies that should better the lots of Nigerians.

"Energy is a key element of the production process. Nigeria’s inability to supply and distribute sufficient electricity has left businesses at the mercy of alternative energy sources such as the use of generators that consume diesel and petrol respectively".