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Nigeria’s Minister of Power, Adebayo Adelabu, has described how the implementation of a higher tariff for band A customers has led to a decrease in electricity subsidy. According to him, the measure reduced the subsidy from approximately ₦3 trillion to ₦1 trillion. The Minister made this known on Tuesday in a statement during the public […]
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The Senate Committee on Power has summoned the Minister of Power, Adebayo Adelabu, and the National Electricity Regulatory Commission (NERC) leadership over the recent electricity tariff hike. Enyinnaya Abaribe, Chairman of the Senate Committee on Power, Senator made this known on Monday during the committee’s oversight function and a familiarization tour to the Minister. Abaribe […]
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The uNigerian Senate has asked the Tinubu-led Federal government to suspend plans of increasing electricity tariff by withdrawing subsidy. The lawmakers have also resolved to probe a failed agreement that would have seen local manufacturers produce Prepaid Meters that would have been distributed nationwide to improve electricity usage. These resolutions, reached during Wednesday’s plenary, were […]
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