Federal Government To Effect Minor Electricity Tariff hike By July 1

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BY SHITTA SOFIYAT

Despite the improving revenue in the power sector, the federal government is set to affect another tariff increase on the 1st of July, following a notice by the Nigeria electricity regulatory commission to that effect.

The government’s latest move which is part of the yearly review of the multi-year tariff order has been backed by a recent report by the World Bank that every Nigerian pays less for electricity than what it costs to supply electricity to them.

The World Bank in its power sector recovery programme noted that the government has over the years paid the difference in helping poor families pay their bills.

SOURCE- THE NATION

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