Author: Dapo Okubanjo

IT is slightly more than one year into the President Bola Tinubu administration and like many other countries across the world, Nigeria is going through a cost of living crisis. This has for some time led to hues and cries over some of the reforms introduced by the administration, chief among which are the fuel subsidy removal and the unification of multiple exchange rates. But one issue that many Nigerians especially those in the opposition have not stopped talking about and are literally shouting to the rooftop over, is that of taxation especially against the President’s vow to improve on…

WHEN the National Electricity Regulatory Commission (NERC) announced what has been described as a hike in electricity tariff, there was bedlam in the land even before many Nigerians understood what was happening. But a close look at the press statement issued by the regulators indeed showed that subsidy on electricity tariff is still largely intact. What NERC did in response to demands by electricity distribution companies (disCos) for a cost-reflective price regime amounts to a partial removal of subsidy. It only affects 15% of  electricity users or about 1.5m consumers who, on paper, enjoy 20+ hours of electricity supply daily…