Federal Government’s Message to Nigerians: Prepare for Increased Electricity Costs

“Minister of Power Adebayo Adelabu: Recent Tariff Hike Marks Trial Phase for Ending Electricity Subsidies Nationwide”During a briefing in Abuja, Minister of Power Adebayo Adelabu outlined that the recent tariff hike signifies a trial phase towards eliminating electricity subsidies nationwide. The government’s objective is to gradually phase out all subsidies in the sector to stimulate investment and foster growth in the power industry.