FG Plans Electricity Subsidy For Vulnerable Consumers

By Micheal Chukwuebuka

The Federal Government said it will support vulnerable customers who cannot afford to pay full cost of electricity when cost reflective tariff is implemented.

Managing Director of the Nigerian Independent System Operator, Abdu Bello Mohammed, said this at a roundtable engagement with the Power correspondents in Abuja

With the theme, “Cost reflective tariff versus energy poverty: finding a pricing balance in Nigeria’s power sector, stakeholders agree that while cost reflective tariff is necessary for the growth of the sector, there must be improvement in availability and quality in electricity supply.

Also challenges of technical and commercial losses should be addressed and grid be decentralised to reduce transmission losses while investment in distribution network especially transformers and metering be increased.