Prof. Ajayi Boroffice, the senator representing Ondo North Senatorial District on Saturday officially declared his intention to contest the Presidency on the platform of the All Progressives Congress with a promise to provide electricity subsidy to poor Nigerians.
This was stated on Saturday in Abuja by Boroffice, who is the Deputy Majority Leader of the Senate.
The lawmaker added that he would introduce a surcharge for high consumers of energy and this excess would be used in funding the subsidy.
“The National Electricity Commission will implement a tier pricing system in which those who consume very little electricity will pay a subsidised rate for electricity. The next tier will pay the full price of electricity but will only be allowed a certain amount of electricity at this rate. The next tier will pay a surcharge on any excess electricity they use over the prescribed amount. This would be used to subsidise the consumers,” he added.
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