The Manufacturers Association of Nigeria (MAN) has set conditions that will result in a win-win situation when the Nigerian Electricity Regulatory Commission (NERC) eventually hikes tariffs and the top priority is for manufacturers to buy gas in naira.
The MAN president Francis Meshionye said if the 40 per cent tariff hike becomes effective, “people (manufacturers) will start closing shops” at the detriment of the Nigerian economy.
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