FG halts electricity tariff hike
The Minister of Power, Adebayo Adelabu, made the statement on Wednesday.
Adelabu said that while a cost-reflective tariff was necessary to ensure the financial stability of the power sector, it would place an undue burden on Nigerians, who are already dealing with rising fuel costs and inflation.
He stated that the delay in implementing the tariff was causing liquidity issues within the sector but noted that the president’s priority was to alleviate the hardship faced by citizens.
