Monday 21 May 2012

Subsidy Removal Again


President Goodluck Ebele Jonathan

The Federal Government pays N50 billion in subsidy for electricity but the Nigerian Electricity Regulatory Commission has said that in 2014 the subsidy will be removed.

The issue is this. Did you know there was subsidy on electricity? Do you think the subsidy money has been used judiciously? I am asking because the bills I get every month has been steadily increasing like a bar chart and yet power given to us has been decreasing atrociously! Where is the money goiong to?

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