Tariff: Customers who don’t enjoy 20-hour electricity will not be charged – Adelabu

Date:

Adebayo Adelabu, the Minister of Power, has affirmed that customers currently receiving less than 20 hours of electricity per day will not face the proposed tariff increase.

Thank you for reading this post, don't forget to subscribe!

Speaking during a one-day investigation hearing before the Senate Committee on Power on Monday, April 29, the minister emphasized the need to halt the planned tariff hike by eleven successor electricity distribution companies, given Nigeria’s challenging economic circumstances.

Adelabu underscored that the government has initiated measures to revitalize the struggling electricity industry and assured Nigerians that the hardship would be temporary.

This clarification comes amidst concerns raised by electricity consumers following recent tariff hikes by the Nigerian Electricity Regulatory Commission (NERC).

The explanation provided by Adelabu addresses the difficulties faced by consumers grappling with the impact of NERC’s tariff adjustments.

Furthermore, the minister highlighted that if the recent tariff increase were to be reversed, the federal government would be burdened with a subsidy of N3.2 trillion on electricity this year alone.

Adelabu reiterated the government’s commitment to addressing the sector’s challenges and emphasized the introduction of new policies aimed at rescuing the electricity industry from its current predicament.


Discover more from Naija247news

Subscribe to get the latest posts to your email.

Share post:

Subscribe

Popular

More like this
Related

FCMB plans to raise N150 billion by end of September 2024

May 27, 2024. Azonuchechi Chukwu. The Management of First City Monument...

Minimum Wage: Private sector committed to N57,000 – NECA

May 27, 2024. Azonuchechi Chukwu. The Nigeria Employers’ Consultative Association says...

Nasarawa State disburses $250,000 World Bank facility to 620 farmers

May 27, 2024. Azonuchechi Chukwu. Nasarawa State Governor, Abdullahi Sule, has...

Oworonshoki-Apapa Expressway: Tinubu commends Dangote, describes project 10th Wonder of the World

…We consider this project CSR - Dangote President Bola Ahmed...

Discover more from Naija247news

Subscribe now to keep reading and get access to the full archive.

Continue reading