Nigeria Hints At Nationwide Tariff Increase For All Electricity Users In Three Years

The government said it would convert the entire power sector into a single band from the current six, with cost-reflective prices being fully implemented in the next three years.

Speaking during a weekly briefing organised by the Ministry of Information in Abuja, the Minister of Power, Chief Adebayo Adelabu, said the recent development was the first step in the government’s plan to completely remove subsidy payment.