Band A tariff hike has reduced electricity subsidy to N1t – Adelabu
Defending the recent hike in electricity tariffs, which has attracted wild reactions and resistance from Nigerians, Minister of Power, Chief Adebayo Adelabu, on Tuesday, said that the introduction of higher tariffs for Band A users has reduced the electricity subsidy paid by the Government from about N3 trillion to N1 trillion. Adelabu disclosed this at the public hearing on electricity …