The Federal Government says plans are ongoing to increase electricity tariffs “over the next few months”.

It, however, said that the planned increase needed to be balanced by subsidies for less-affluent electricity users.

Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32 billion plan to expand electricity connections by 2030.

According to the presidential aide, Nigeria is trying to resolve the transition to a cost-efficient but cost-reflective tariff to attract private investors.

Tinubu affirms Nigeria’s commitment to improved electricity

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She said: “One of the key challenges we’re looking to resolve over the next few months is transitioning to a cost-efficient but cost-reflective tariff.

“So the sector generates revenue required to attract private capital, while also protecting the poor and vulnerable.”

Last year, the federal government approved a threefold increase in electricity tariff for customers under the Band A classification.

The fresh move to raise tariffs comes amid mounting pressure from Nigeria’s debt-burdened electricity distribution companies for tariffs to be cost-reflective so they can improve their finances.

https://dailytrust.com/brace-up-for-electricity-tariff-hike-fg-tells-nigerians/

Tinubu will finally bury Nigeria

These evil men and women in power just want to cripple humanity.

U can't tell us that u won an election and be behaving this way...cold-hearted cum evil.

It will favour me and my family. Everyone will be termed bandits, either A, B, C. We told you he is only a tax collector.

This is evil. Pure evil!

Beerfraud
Peterobiisathe
Ngeneukwenu
Minorityopinion
Oyigboupdate
Wediehere1
Ndimkpurumiri
Zero8zero
Mazisimonekpa1
Noerection
Nolefelendum
Ebubu
Ebubu4
Y.I.B.O(remove the dots and it becomes IGBO)


What ya say?

Limunery:
This is evil. Pure evil!

According to those APshits,Nigeria is now living real life, we have been living fake before.

Then there is no excuse not to increase minimum wage for workers

Kafirbigot:
Beerfraud
Peterobiisathe
Ngeneukwenu
Minorityopinion
Oyigboupdate
Wediehere1
Mazisimonekpa1
Noerection
Nolefelendum
Ebubu
Ebubu4
Y.I.B.O(remove the dots and it becomes IGBO)



What ya say?

I’m not a poor person

The minister for power is an evil man, alot of people are in band A but they not enjoy any 20 hours light. Why not introduce Nigerians to other source of electricity. I'm so happy that Ibadan people rejected the fraud

We have been bracing up for 10 years of apc

And why informing us? So we would complain and be tagged Ipob? Or enemy of the country?

They should fcking implement whatever they want. As long as everybody (apc ooo, pdp ooo lp oooo) will pay

Them no go fit kill us

You can't tell me these are not satanist in power ? Because what's all this ?are these people tone deaf ?

We have a very useless opposition except sowore of course.... D rest are useless.... When tinubu was in d opposition and Jonathan removed subsidy, he joined the protest together with other opposition leaders... Today what we get is opposition leaders ranting on twitter and travelling to dubai to chill.....

Wicked souls in power

No be something Dem just increase less than 2 years ago. Make Dem allow person breathe na.

.

The clueless dunce is just getting started.

Higher taxes, lower quality of life.

So what is the benefit of Nigeria, if electricity is taxed to the roof. I think it will reach a point where people will disconnect from the grid.

E go favour their family.

Those world summits are satanic agendas..... Most are.

We living in biblical times and u have to understand that these illuminati guys are gonna make sure they control things

Yoruba government

The Great Tinubulation is real.
Nigerians should brace for more Tinubulation.

If you are doing good outside no need to come back.

Shawarmagirl:
Mumu government.
Donald Trump is hike price of other country to make American citizens life better, while one vegetable is over taxing her citizens and telling them to brace up for more.

And some people want me to return back to Nigeria.

Total deregulation

What is all these? Am already tired of this country things are not easy for the average Nigerian especially Salesmen .Consumer no longer have the spending power , while cost of manufacturing products increases the manufacturing company increases targets ifor the commercial teamn order to generate revenue .More pressure on sales people

ibechris:
These evil men and women in power just want to cripple humanity.

U can't tell us that u won an election and be behaving this way...cold-hearted cum evil.

Ask your brothers and sisters how much they pay for electricity in US and Europe

I just hope FG knows what they are breeding with burdening Nigerians....

He only said, it's his turn. Yet u voted for him

And some guys here are still praising Tinubu. Their lives are being mortgaged and they are praising and calling him to ride on. Last week is for telecoms tarrif. Today it's electricity. Tomorrow is not certain as well. May the life of people still supporting this government be like the hardship people are passing through. As a graduate, 200k is nothing again. You can't even plan your life cos when transport, telecoms, food, electricity, etc are removed. Nothing remains again. It shall never be well with these people o