More electricity woes as tariff shortfall heads to N822bn
Against the backdrop of the recent reversal of the new electricity tariff take-off,, the World Bank has indicated that Nigeria’s electricity tariff shortfall would rise by 56.9 per cent to N822 billion in 2023 from N524 billion in 2020. Tariff shortfall is the difference between allowed tariffs and cost-reflective tariffs, which the Federal Government is … Read more