FG To Subsidize Electricity For Low-Income Earners After Tariff Implementation

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Federal Government has announced plans to support low-income Nigerians who may struggle to pay the full cost of electricity when a cost-reflective tariff is implemented.
 Managing Director, Nigerian Independent System Operator, Abdu Bello Mohammed, revealed this during a roundtable engagement with power correspondents in Abuja.
At the meeting themed Cost-Reflective Tariff Versus Energy Poverty: Finding a Pricing Balance in Nigeria’s Power Sector, stakeholders agreed that while a cost-reflective tariff is vital for the sector’s growth, there must also be improvements in the availability and quality of electricity supply.
They also emphasized the need to tackle technical and commercial losses, decentralize the national grid to reduce transmission losses, and increase investments in distribution infrastructure, particularly in transformers and metering.

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