Emmanuel Addeh in Abuja
Despite last year’s increase in electricity tariff for band ‘A’ consumers by as much as 230 per cent, the National Council on Power (NACOP), the highest decision-making body in the power sector, has proposed a “cost-reflective” rate for customers nationwide.
In a communiqué issued at the end of the sixth NACOP meeting in Maiduguri, the Borno State capital, the body agreed that although there was a need for subsidies for the vulnerable, it must be targeted and well administered.