FG urged to reconsider electricity tariff hike to prevent job loss

The Nigerian Association of Small Scale Industrialists ( NASSI) Kano state chapter has called on the Federal government to rescind the decision on the implementation of the electricity tariff to avert the loss of job opportunities for millions of Nigerians

The state chairman of NASSI, Alhaji Aminu Kurawa, made the call on Thursday while addressing the press at the Nigerian Union of Journalists (NUJ) Kano state secretariat.

This sudden increase in electricity prices has placed an unbearable burden on small-scale industrialists, who are already grappling with numerous challenges such as high production costs, limited access to credit facilities, and stiff competition both locally and internationally.

According to him,” The new electricity tariff poses a significant threat to the survival and growth of small-scale industries across the country.”

Many of our members operate on thin profit margins, and any additional increase in operating costs, such as electricity tariffs, directly impacts their ability to remain competitive in the market with our international counterparts who are already in our local market

. The new tariff plan will in essence kill the small-scale industrial sector and wreak havoc on society, including insecurity, which is already a huge challenge across the country.

The body then called upon the relevant authorities to reconsider this new electricity tariff and engage in meaningful consultations with stakeholders from the small-scale industrial sector.

It is imperative that any decision regarding electricity tariffs takes into account the unique challenges faced by small-scale industrialists and seeks to support rather than hinder their growth and development.

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