Exorbitant Electricity Costs Burden Nigerian Small Businesses
A Nigerian tailor recently expressed frustration after receiving an electricity bill exceeding ₦123,000 for the month of September, a shocking amount for a small business owner.
This issue is not isolated, as many Nigerians continue to face exorbitant electricity charges, particularly those on estimated billing systems, which have been a major source of contention.
Over 7 million consumers in Nigeria are still unmetered, leading to frequent disputes over unfair billing practices.
Many small business owners, including tailors, are finding it increasingly difficult to cope with the rising costs of electricity, often resorting to alternatives like generators, which further drive up operational costs.
This issue has sparked protests in several areas, where traders, including tailors, decry the high tariffs and inconsistent power supply, which affect their businesses.
