Nigeria
FG SAYS STABLE ELECTRICITY REQUIRES COST REFLECTIVE TARIFFS BUT CONSUMERS MUST NOT PAY FOR SECTOR INEFFICIENCIES
The Federal Government says reliable electricity in Nigeria will require tariffs that reflect the efficient cost of supplying power, but it insists consumers should not be made to pay for waste, operational failures and other avoidable losses within the electricity sector. Presidential power adviser Rilwan Lanre Babalola says government is considering ring fenced revenues, escrow accounts, bilateral contracts and credit guarantees to ensure generators and gas suppliers receive payment, while broader reforms target grid stability, liquidity and infrastructure investment.
BigV•5h ago•1 min read