President Bola Tinubu's administration has planned to hike electricity prices for sector revamp by cutting subsidy for 15% of consumers. The development, which will reduce its N3.3 trillion ($2.6 billion) cost, will be part of reforms to ease pressure on public finances. Mr Bayo Onanuga, the Special Adviser to the President on Information & Strategy disclosed on Tuesday.
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Nigeria pays the lowest tariff for power supply in West Africa — Adelabu onlinenigeria.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from onlinenigeria.com Daily Mail and Mail on Sunday newspapers.