In Nigeria, the Band A-E initiative was introduced with the noble intention of stabilizing electricity prices. However, what ensued was a convoluted journey of fluctuating prices, leaving citizens bewildered and frustrated.

Let's unmask the complexities of this pricing saga.

The Initial Promise:

The Band A-E program commenced with an optimistic promise of initiating prices at N36 per kilowatt-hour. This was an idea sold to President Mohammadu Buhari. Nigerians were told the price increases would affect only Band A. We were assured that previous price hikes were mere adjustments within an existing pricing framework.

The Rise of Prices:

Regrettably, the initial assurances swiftly dissipated as prices for Band A customers skyrocketed to N65 per kilowatt-hour. This sudden surge raised serious doubts about the efficacy of the program in achieving its intended objectives.

Historical Reflection:

Under the administration of Goodluck Jonathan, electricity prices stood at a modest N11 per kilowatt-hour. However, the subsequent governance under Muhammadu Buhari's APC witnessed an inflation-driven surge to N65 per kilowatt-hour. Presently, under the leadership of President Bola Ahmed Tinubu, prices have spiralled to an alarming N225 per kilowatt-hour, exacerbating the financial hardships faced by citizens. This recurring pattern underscores the urgent need for transparency and accountability in economic policies, citizens need to demand integrity from the leaders.

The Imperative of Clarity:

This narrative underscores the dire need for transparent communication and accountability in economic policies. Nigerians rightfully demand clarity and a comprehensive understanding of the factors influencing pricing decisions.

A Call for Action:
.
In the face of adversity, citizens should lawfully assert their demand for accountability and transparency from their leaders. The solution lies in fostering a system founded on openness and a genuine commitment to addressing the economic hardships confronting ordinary Nigerians.

Engagement and Collaboration:

Are you among those affected by the Band A-E changes?
Share your firsthand experiences and insights. Let us collectively explore avenues to foster greater transparency and fairness in economic policies. Together, we can advocate for economic policies that prioritize the wellbeing of all Nigerians.

AEDC Apologises To Nigerian After Electricity Tariffs Hikes https://www.nairaland.com/8051416/aedc-apologises-nigerian-after-electricity#129263757


Dr Melchisedec Bankole
Frontend Web Developer | Technical Writer | Python Developer | Cloud Computing student | Angular | SQL | Cybersecurity aficionado | Supernal-Science Scholar |

AEDC is blaming glitches. No sincerity or transparency of purpose with any government policy even if noble in outlook. Of course even the country is also a "glitch" of corruption created by Lord Lugard.