L
LequteMan
Guest
Following the recent hike in price of gas, Nigerian Power firms are expected to increase electricity tariff in the country. The increase will however be gradual as electricity supply is also expected to be more constant.
Excerpt from Punch:
Nigerians may continue to pay more for electricity following the recent upward review of gas price.
But the expected increase, according to industry sources, will be spread over an undisclosed period.
“Consumers would likely see a bit-by-bit introduction of the additional production cost spread over a period,” a top source in the Nigerian Electricity Regulatory Commission told our correspondent on Friday.
Following the increase in the price of gas from $1.50 to $3.30 per metric cubic feet, there are strong indications that electricity consumers will have to pay more for the product.
click here to read more
#Nigeria
Excerpt from Punch:
Nigerians may continue to pay more for electricity following the recent upward review of gas price.
But the expected increase, according to industry sources, will be spread over an undisclosed period.
“Consumers would likely see a bit-by-bit introduction of the additional production cost spread over a period,” a top source in the Nigerian Electricity Regulatory Commission told our correspondent on Friday.
Following the increase in the price of gas from $1.50 to $3.30 per metric cubic feet, there are strong indications that electricity consumers will have to pay more for the product.
click here to read more
#Nigeria
