Nigeria's Power Crisis: Government Pulls Plug on Electricity Subsidies
Nigeria's Federal Government declares an end to electricity subsidies, citing unsustainable costs and systemic market failures. Power Minister Joseph Tegbe stresses the urgent need for commercially viable tariffs and improved revenue collection to overhaul the struggling sector. This pivotal decision signals a new era for Nigeria's power grid, demanding accountability and efficiency from providers.
The Federal Government has said it can no longer continue to shoulder the cost of electricity tariff shortfalls while trying to ensure reliable power supply for all Nigerians. Minister of Power, Joseph Tegbe, made this known on Friday at an energy conference organised by the Harv
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