Driven by faith, Government hikes electricity tariff

Electricity prices will take a leap, not necessarily of faith, on June 1, 2012 as government is saying we need that to attract investors.
Now that is faith which is an evidence of things not seen as I haven’t seen anything this government, and the ones before, have done even when they tell us to just believe. Would you call our government faith healers who dispense anguish to cure the malaise called irregular power supply?
But then what can I do? Maybe load up on electricity and see how long I can ride the cheap prices until realities catches up with me.

Author: Adedeji Olowe

Adédèjì is the founder of Lendsqr, the loan infrastructure fintech powering lenders at scale. Before this, he led Trium Limited, the corporate VC of the Coronation Group, which invested in Woven Finance, Sparkle Bank, Clane, and L1ght, amongst others. He has almost two decades of banking experience, including stints as the Divisional Head of Electronic Banking at Fidelity Bank Plc. He drove the turnaround of the bank’s digital business. He was previously responsible for United Bank for Africa Group’s payment card business across 19 countries. Alongside other industry veterans, he founded Open Banking Nigeria, the nonprofit driving the development and adoption of a common API standard for the Nigerian financial industry. Beyond open APIs, Adédèjì works deeply within the fintech ecosystem; he’s the board chairman at Paystack. Adédèjì is a renowned fintech pundit and has been blogging on technology and payments at dejiolowe.com since 2001.

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