Adelabu assures band A customers — News — The Guardian Nigeria News – Nigeria and World News

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Minister of Power, Adebayo Adelabu, has said the increase in electricity tariffs for Band A customers is a temporary hardship that will lead to a permanent gain.

Speaking at the sectorial briefing of the ministers in Abuja, Adelabu expressed confidence that the tariff will gradually drop as the power sector in the country increases its output.

According to him, the tariff can be compared to the initial price surge observed in the telecommunication sector, which eventually went down over time.

“The electricity tariff might look expensive at the moment. But I’m optimistic that these tariffs will go down. We know how much we are buying sim cards when Telecom just came. We knew how much we were buying telephones,” Adelabu said.

“But gradually as we scale up in generation, transmission and distribution, these prices will also go down. It’s a temporary hardship that will lead to a permanent gain.”

He stated that for the…



Source: Guardian Newspaper