Nigerians may soon pay more for electricity as NDPHC boss advises FG on tariffs
Naija News • 4d ago
The NDPHC has urged the government to remove electricity subsidies and implement cost-reflective tariffs
Only about 30% of electricity market invoices are currently settled, creating liquidity challenges
Gas procurement accounts for nearly 60% of operational costs for thermal power plants
Oluwatobi Odeyinka is a business editor at Legit.ng, covering energy, the money market, technology and macroeconomic trends in Nigeria.
The Managing Director and Chief Executive Officer of the Niger Delta Power Holding Company (NDPHC), Jennifer Adighije, has called on the federal government to phase out electricity subsidies and introduce fully cost-reflective tariffs for all categories of consumers.
Adighije made the recommendation in a statement made available to journalists in Lagos, where she out...