Electricity Tariff Set to Decrease as Exchange Rate Hits N1,000/S – Adelabu

Minister of Power, Adebayo Adelabu, Foresees Decrease in Electricity Tariffs Amid Exchange Rate DeclineDescription: Minister of Power, Adebayo Adelabu, predicts a potential reduction in electricity tariffs following recent increases, contingent upon the exchange rate dipping below N1,000 to a dollar. Adelabu shared this insight during his appearance on Channels Television’s Politics Today on Thursday, highlighting the correlation between exchange rates and electricity pricing policies.