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Hike - ProbitasNews

The Nigerian government, on Friday, insisted on the 240 per cent hike in tariff payable by power consumers in the band ‘A’ category despite calls for its reversal.   It also revealed that the subsidised power pricing regime would be for the short term, with a transition plan to achieve a full cost-reflective tariff within a period of three years.   However, the decision did not go down well with the Nigeria Labour Congress, which...

SaharaReporters earlier reported that the Nigerian government had approved N225 ($0.15) per kilowatt-hour tariff increment for Band A electricity consumers in the country. The Socio-Economic Rights and Accountability Project has said it is suing President Bola Tinubu’s administration over the arbitrary increase in electricity tariff.  SaharaReporters earlier reported that the Nigerian government had approved N225 ($0.15) per kilowatt-hour tariff increment for Band A electricity consumers in the country.   Band A are those who enjoy...