Nigeria’s electricity prices may increase as govt says subsidy no longer sustainable
The Nigerian government on Wednesday said it has become very difficult to sustain subsidies on electricity in the country. Nigeria’s Minister of Power, Adebayo Adelabu, disclosed this at a press conference in Abuja. Mr Adelabu explained that the indebtedness of the country’s power sector to electricity-generating companies (GenCos) and the gas companies (GasCos) has risen … Read more
