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FG, World Bank at loggerhead as Nigeria spends $1 5b on electricity

As the Federal Government spends nothing less than $1.5b to meet the shortfall in the nation’s electricity sector, Special Adviser to the President on Infrastructure, Ahmad Rufai Zakari, Monday said the survey conducted by the World Bank, which claimed that 78 per cent of power consumers in Nigeria get less than 12 hours of daily supply of electricity was baseless. x While the World Bank had revealed that the Nigeria government is currently subsidising the power sector with about $1.5 billion, especially due to tariff shortfall, Zakari had told The Guardian that the recently introduced Service-Based Tariff, which increased electricity bills for end-users improves the liquidity in the market by about N65 billion in January this year.

Nigeria rejects World Bank report on over 78% of electricity consumers received less than 12 hours

Abuja The federal government yesterday rejected a World Bank’s report, which indicated that over 78 per cent of electricity consumers in Nigeria received less than 12 hours of electricity supply daily. A statement released through the Special Adviser to the President on Infrastructure, Mr. Ahmad Zakari, while disputing the survey, said it was unclear what empirical evidence the bank deployed to arrive at the figures. The bank had in an online meeting with energy correspondents in Abuja last week, stated that a total of 74 per cent of power users in Nigeria were dissatisfied with the supply of electricity across the country.

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