The Senior Staff Association of Electricity and Allied Companies has asked President Bola Ahmed Tinubu’s administration to reverse the 245 percent electricity hike by electricity distribution companies.

The National Secretary of the Association, Nnamdi Ajibo, made this known in a statement on Monday while reacting to the tariff hike for Band A electricity customers.

Recall that the Nigerian Electricity Regulatory Commission approved a tariff increase on Tuesday last week for Band A customers.

The electricity union queried the level of investment the government has made in the past nine months to warrant such astronomical increase, which it noted was insensitive and unacceptable.

It stated that Tinubu’s administration could not implement all of its renewed hope agendas in one year.

It also called on the federal government to reverse the entire privatization exercise and provide an enabling environment that will guarantee businesses to strive before searching for good managers to take over the management of the sector.