- Gani Adams laments the increase in essential commodities
- Insists Nigerians cannot bear further price increases
Gani Adams, the Aare Ona Kakanfo of Yorubaland, has lamented the increase in the prices of meters and gas in the country. In a statement issued by the Special Assistant on Media, Kehinde Aderemi, Adams maintains the current situation in the country does not warrant further increases in the process of essential commodities.
The Nigerian Regulatory Commission (NERC) announced an upward review of the prices of single and three-phase meters due to the current macroeconomic parameters.
”The sudden increase in the prices of electricity meter and the prices of gas could only worsen the present situation in the country.” the statement read.
”It is unfortunate that Nigerians are being reaped off in such a cruel manner, especially, by a government that prides itself as the government of the people. How can you explain a 54 per cent increase in electricity meter prices without considering the huge effect on the mass of the people?” Adams lamented.
”Nigeria is creeping badly, and prices of commodities have reached the rooftop without any hope. I think it is very important for the federal government to look into the issues properly and come out with whatever outcome that can reduce the suffering of the people.” the statement read.