Electricity customers on Band A feeders may face a tariff hike as the electricity subsidy rose to N181.63 billion in September, significantly impacting power costs. The Nigerian Electricity Regulatory Commission's decisions and economic factors such as inflation and foreign exchange rates...
Power companies in Nigeria are set to implement a significant increase in electricity tariffs, raising rates to N200 ($0.15) per kilowatt-hour from the current N68 for urban consumers.
This move, reported by Bloomberg news agency, aims to address concerns regarding electricity consumption...
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