Adebayo Adelabu, the Minister of Power, has assured Nigerians that with time there will be significant reduction in the cost of electricity tariff.
The Power made this assurance while presenting his ministerial scorecard in Abuja, on Friday, 24th of May, 2024. He described the current electricity tariff regime as a temporary hardship that will lead to permanent gain.
According to him,
“The electricity tariff might look expensive at the moment. But I’m optimistic that these tariffs will go down.
We know how much we were buying SIM cards when telecoms first came. We know how much we were buying the telephone sets. But gradually, it scaled off.
Generation, transmission and distribution, these prices will also go down. So, it is a temporary hardship and it will lead to permanent gain.” [CONTINUE READING HERE]>>>>
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