The Minister of Power, Adebayo Adelabu , has apologised to Nigerians for saying that they keep freezers on for days due to low electricity tariff .
The minister also said the decision to reduce the subsidy paid for electricity by the Federal Government was arrived at due to the huge amount of money that it would gulp in the 2024 Budget, adding that government could not afford to pay N3 trillion for subsidy in the power sector alone when the total budget for 2024 was N28 trillion.
“N3 trillion is less than 10 per cent of the total budget meant for the entire country, and there are other competing sectors that we believe also need resources. We said it was not possible for the government to continue to subsidise at that rate. So we looked at how the subsidy can be reduced.“15 per cent of the customers, which is about 1.
Source: Entertainment Trends (entertainmenttrends.net)
Minister Of Power Adebayo Adelabu Apology Nigerians Electricity Tariff Freezers Low Electricity Consumption Channels Television Politics Today
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