Global News

Ogun Governor Supports Increased Fuel Price, Electricity Tariff

Ogun Governor Supports Increased Fuel Price, Electricity Tariff (Updated: 2 years ago)


The governor of Ogun State, Dapo Abiodun, on Thursday expressed his support for the hike in electricity tariff and fuel pump price.

Abiodun made his position known on the increases that have attracted knocks from Nigerians in an interview with State House correspondents after a meeting he had with the President, Major General Muhammadu Buhari (retd.), at the Presidential Villa, Abuja.

On the price of fuel, the governor said it was not possible to enjoy lower price when the price of crude oil is low and still expect to enjoy same price when the price of crude goes up.

“First, you want to enjoy lower prices when the prices of crude are low and then not want to pay for a slight increase when there is an increase in price of crude.

“The price of crude is directly proportional to the price of refined products. So, I believe that is what is happening at the moment,” he said.

On electricity tariff, he said Nigerians must decide what they want.

The governor said,

“We all complain that we are not generating enough electricity and we all complain about the fact that we don’t have the right infrastructure to transmit electricity, we complain about the fact that the distribution companies do not seem to be efficient.

“The problem is because, perhaps, the pricing is not right.

“If you want people to invest in the production of gas, in gas floatation, which our turbines and our power plants rely on, we must ensure that the entire value chain is profitable.

Add a coment

Recent Posts

Sound Sultan
Sound Sultan
Barry Jhay
Barry Jhay
Zuchu
Zuchu
Sarz
Sarz
Mr Eazi
Mr Eazi
Flykid
Flykid
Temmie Ovwasa
Temmie Ovwasa
Dammy Krane
Dammy Krane
B-Red
B-Red
Nonso Amadi
Nonso Amadi
Koker
Koker
Broda Shaggi
Broda Shaggi
Toby Grey
Toby Grey
Tiwa Savage
Tiwa Savage
King Perry
King Perry
Solidstar
Solidstar
Stormyzino
Stormyzino
Jumabee
Jumabee
AKA
AKA
Magixx
Magixx
M.anifest
M.anifest
Philkeyz
Philkeyz
Crayon
Crayon
Drizz Ace
Drizz Ace
Fizzy Mayur
Fizzy Mayur
Jhybo
Jhybo
Adekunle Gold
Adekunle Gold
Yemi Alade
Yemi Alade
Kwesi Arthur
Kwesi Arthur
Lilyungage
Lilyungage
Mr P
Mr P
Portable
Portable
Sinach
Sinach
CDQ
CDQ
Omar Sterling
Omar Sterling
Korede Bello
Korede Bello
King Perryy
King Perryy
Madrina
Madrina
Reekado Banks
Reekado Banks
Chinko Ekun
Chinko Ekun
NAIJAKIT.COM