Another ₦3.6 Trillion Bill: How FG's Latest Move Will Hit Your Pocket

Photo: The Punch

Wetin Dey Happen for Nigeria This Morning

My people, another day, another wahala for the common Nigerian. This morning come with news wey go make you question wetin you do wrong in this life. The Federal Government just announce say dem wan remove ₦3.6 trillion electricity subsidy, NECO don release 2025 results, and bandits strike again, killing 30 innocent souls. E be like say everyday na one bad news after another for this country.

But make we break am down properly so you go understand wetin this thing mean for your pocket and your family.

The ₦3.6 Trillion Electricity Subsidy Removal: Wetin E Mean for You

Omo, this one na the main gist wey go affect every Nigerian household. The government don decide say dem wan stop subsidizing electricity to the tune of ₦3.6 trillion. For those wey no understand, subsidy na when government dey pay part of your light bill make e no cost you too much.

Now that dem wan remove am, your electricity bill go increase well well. E be like say after fuel subsidy removal wey don make transport cost skyrocket, now na electricity own dem wan touch. The question be: how person wey dey struggle to buy fuel go come cope with expensive light bill on top?

Think about am like this - if you dey pay ₦10,000 for light monthly before, you fit dey looking at ₦15,000 to ₦20,000 now. For family wey minimum wage still be ₦70,000, this na serious mathematics wey no go balance.

Small Businesses Go Feel Am Pass

The people wey go suffer pass na our small business owners. That mama wey dey sell cold drinks for junction, the barber wey dey use clipper, the tailor wey dey use sewing machine - all of them go feel this increase for their pocket.

Many businesses don already dey struggle because of high fuel cost. Now with electricity cost increasing, some fit just close shop. This na domino effect - when businesses close, people go lose job, and the whole economy go suffer.

One thing wey dey pain me be say government dey talk about making life better for citizens, but every policy dem bring out dey make things harder. How person wan survive when everything dey expensive?

NECO 2025 Results: Mixed Feelings

For brighter news, NECO don release their 2025 results. Congratulations to all the students wey perform well! Your hard work don pay off.

But even as we dey celebrate these young ones, the question remain: wetin kind of economy dem go enter? With all these subsidy removals and economic challenges, finding job after school na another battle entirely.

Parents wey suppose dey happy for their children success now dey worry about how to sponsor their university education when everything don cost. Some families wey been dey manage before now go find am difficult to continue funding their children education.

Security Wahala Continue

As if economic problems no enough, insecurity still dey bite us for nyash. Bandits kill 30 people for fresh attacks. This na reminder say apart from economic challenges, our safety still no guaranteed.

People wey suppose dey focus on how to cope with high cost of living now dey worry about their safety too. Some communities don abandon their farms because of bandits, and this one dey affect food production. When food production reduce, food prices go increase again.

Wetin This Mean for the Average Nigerian

Make we talk real talk. The removal of this electricity subsidy na another burden on Nigerians wey don dey carry too much load already. Here na some practical ways e go affect us:

• Higher living costs: Your monthly budget go increase whether you like am or not
• Reduced purchasing power: The money wey you been dey use buy other things go now go to electricity bill
• Business closures: Some small businesses go close because dem no fit afford the operational cost
• Increased poverty: More families go fall below poverty line as cost of living continue to rise
• Social unrest: When people frustration reach boiling point, anything fit happen

Government Need to Think Am Again

While government dey talk about economic reforms and making the country better, dem need to consider the timing and the cumulative effect of all these policies. You no fit remove fuel subsidy, increase VAT, remove electricity subsidy, and still expect citizens to dey happy.

The government supposed provide alternatives or palliatives before implementing these harsh policies. Where be the social intervention programs? Where be the job creation initiatives? You no fit dey remove support systems without providing alternatives.

How to Survive This Wahala

As e dey be now, we need to think of survival strategies. Some tips include:

• Reduce electricity consumption by using energy-efficient appliances
• Form cooperative groups to share costs where possible
• Explore alternative energy sources like solar panels if you fit afford am
• Budget properly and prioritize essential needs
• Look for additional income sources to cope with increased expenses

My people, this na the reality of Nigeria today. Every morning, we wake up to news wey go make us question our choice to stay for this country. But we no get choice na to keep pushing and hope for better days.

Until government realize say their policies dey affect real people with real families and real struggles, we go continue to dey manage the situation as e dey come. Na God go help us all.