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Let's cut to the Cheese (Q&A):
1) Why is there increase in Electricity Tariff?
A - The cost of electricity in Nig is N53 per Kilowatt/hr & what Nigerians have been paying is N31, meaning, there is a subsidy of about N22. FG has spent $1.5billion this yr alone...
1) Why is there increase in Electricity Tariff?
A - The cost of electricity in Nig is N53 per Kilowatt/hr & what Nigerians have been paying is N31, meaning, there is a subsidy of about N22. FG has spent $1.5billion this yr alone...
2) Why is there hike in Petrol?
A - With Brent crude futures hitting a high of $55.53, the landing cost of PMS has also soared. With partial deregulation in place, consumers wld feel it more.
To compare, the avg. price of fuel in the world for this period is N389.79...
A - With Brent crude futures hitting a high of $55.53, the landing cost of PMS has also soared. With partial deregulation in place, consumers wld feel it more.
To compare, the avg. price of fuel in the world for this period is N389.79...
Why is there hike in DSTV Subs?
A - The company explained they had to accommodate the new VAT rate of 7.5%. Also, the current inflation at 12.82% influenced their decisions.
Anyways, DSTV isn't a Naija company. You can also try an alternative like StarTimes 🤒
A - The company explained they had to accommodate the new VAT rate of 7.5%. Also, the current inflation at 12.82% influenced their decisions.
Anyways, DSTV isn't a Naija company. You can also try an alternative like StarTimes 🤒
