Energy
Nigeria pays the lowest tariff for power supply in West Africa — Adelabu
The Minister of Power, Chief Adebayo Adelabu has expressed concerns over the poor electricity supply situation in the country caused by a plethora of issues including outstanding subsidy debts, saying Nigeria should migrate to a full cost-reflective tariff regime if the F.G cannot pay for subsidies owed to the market, Arise News is reporting.
The Minister also stated that the National Independent Power Plants being operated & managed by the Niger Delta Power Holding Company Plc were currently suffering under-capacity utilisation of below 25% today due to gas supply constraints.
Adelabu made the assertions on Wednesday when he visited the 750 megawatts Olorunsogo Power Generating Plant in Ogun State & the 500mw Omotosho Generating Plant in Ondo State
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