Electricity tariff hike: I’m sorry – Power Minister, Adelabu apologises to Nigerians over AC, freezer comment

The Minister of Power, Adebayo Adelabu, has apologised to Nigerians over his comments about people leaving their freezer and air conditioners on. Addressing journalists at the ministerial press briefing a week ago, Adelabu criticised Nigerians who keep their freezers and air conditioners on when they are not home. He said Nigerians lack the culture of…

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Natural gas prices soar amid tariff hikes, power sector subsidy | The Guardian Nigeria News

Electricity generation companies, facing gas shortages may be entangled in another crisis as the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) increased prices of natural gas. While the Nigerian Electricity Regulatory Commission (NERC) had pegged the 2024 Multi-Year Tariff (MYTO) on a gas price of $2.18, the price has soared to $2.42 for every Million…

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