• No Going Back On Electricity Tariff Hike ‘ Fashola

    No Going Back On Electricity Tariff Hike ‘ Fashola

    The Federal Government has said that there will be no going back on the 45 per cent increase in electricity tariff, adding that a reversal will cost over N575 billion.

    The Minister of Power, Works and Housing, Babatunde Fashola, made the statement in Abuja on Tuesday when he briefed the Senate Committees on Labour and Power during a public hearing on the new electricity tariff.

    The Nigeria Electricity Regulatory Commission (NERC) in January announced a 45 per cent increment in electricity tariff. […]