President Bola Ahmed Tinubu has urged Nigerians to adopt energy-saving habits to manage their electricity expenses effectively. Speaking on the importance of reducing energy consumption, he encouraged citizens to switch off lights and other appliances when not in use as a practical step towards lowering electricity bills.
The President’s message comes amid ongoing discussions about energy costs in the country, emphasizing the need for collective responsibility in managing resources. His advice highlights the significance of adopting simple, cost-effective measures to ease the financial burden on households.
He said: “It’s not negative to learn to manage. You learn to control your electricity bill, switch off the light, let’s learn to manage.”
The President also dismissed the idea of price control, stating, “I don’t believe in price control, we will work hard to supply the market.”
His policies have forced Nigerians to continue paying for increases in electricity tariffs.
Petrol prices have skyrocketed from less than ₦200 per litre to over ₦1,100 in parts of the country, while the naira has depreciated significantly, plummeting from around ₦700/$ to as low as ₦1,600/$.
The President defended his reforms earlier in the chat, saying that he had no regrets about removing the fuel subsidy.
He said the subsidy was draining the country’s resources and jeopardising future investments.
The electricity regulatory commission in April had also raised tariffs for customers under the Band A classification, increasing rates from ₦66 per kilowatt-hour to ₦225.
The hike, coupled with economic hardships, has drawn widespread criticism from Nigerians already grappling with inflation and reduced purchasing power.
