Nigeria: Proposed Electricity Tariff Hike Won't Be Significant - Govt

Abuja — Minister of Power, Mr. Sale Mamman, yesterday stated that there would be no major hike in electricity tariff, but failed to completely dismiss the statement released by the Nigerian Electricity Regulatory Agency (NERC), giving Nigerians a 21-day feedback period before the increase in July.

In a statement he personally signed in Abuja, the minister said Nigerians should expect an increased efficiency in the sector that would eventually lead to reduced tariffs while managing issues associated with foreign exchange and inflation.

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