BREAKING:100% Electricity Tariff Hike Begins in 4 Months – Nigerian Govt

The Nigerian government has stated its plans to end all forms of subsidy for tariff in the power sector by January, 2022, a move expected to skyrocket tariff to 100%. Platforms Africa reports that the Special Adviser to the President on infrastructure, Ahmed Zakari, made this known during the Stakeholders engagement meeting organized by the Nigerian Electricity Commission, NERC, in Lagos. The power industry in Nigeria has reportedly being rocked by claims of revenue shortfall allegedly due to a tariff regime that is “not cost reflective.” Data of Nigerian Bulk…

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Nigeria, World Bank bicker on Country’s Electricity Supply Hour, Others

The Nigerian Government has rejected a survey conducted by the World Bank, questioning claims in the survey that 78% of power consumers in Nigeria get less than 12 hours of daily supply of electricity. The government’ which said this in a statement sent to Platforms Africa issued in Abuja on Sunday by the Special Adviser to the President on Infrastructure, Mr. Ahmad Rufai Zakari, argued that it was unclear what empirical evidence the World Bank used to arrive at the figures, insisting that power distribution to consumers is steadily improving.…

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