Fuel, electricity price hike: Ogun State Governor supports FG's actions

Ogun State Governor Dapo Abiodun has backed the Federal Government's action of hiking the price of fuel and electricity tariff
Emeh Joy

The Governor of Ogun State, Dapo Abiodun, has expressed his support for the Federal Government's decision to increase the price of fuel and electricity tariff.

Abiodun who spoke during an interview with State House correspondents after a meeting with the President on Thursday at the Presidential villa said;

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

The governor also spoke regarding the electricity tariff and said Nigerians must decide what they really want.

"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", he said.

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