Mr Oseni said the new rate will be imposed only on consumers, who represent 15 per cent of the population but consume 40 per cent of the nation’s electricity. The post BREAKING: Nigerian govt announces hike in electricity tariffs appeared first on Premium Times Nigeria. Powered by WPeMatico
Delta, Ekiti, Edo, Ondo seek shareholder rights in Benin Disco
Electricity subsidy hits N1.6 trillion as NERC unveils new tariff order
“With the tariff allowed, the federal government will be expected to pay as high as N1.6 trillion to subsidise electricity in the year 2024 at a monthly average of N120 billion,” he added. The post Electricity subsidy hits N1.6 trillion as NERC unveils new tariff order appeared first on Premium Times Nigeria. Powered by WPeMatico