Electricity tariff will come down – Power Minister, Adelabu tells Nigerians

Meanwhile, Adelabu said the electricity hike for Band A
customers is a temporal hardship pending an increase in power sector output.

The minister stated that the tariff is similar to the
initial price surge observed in the telecommunication sector, which eventually
saw prices decrease over time.

“The electricity tariff might look expensive at the moment.
But I’m optimistic that these tariffs will go down. We know how much we were
buying SIM cards when the telcos just came. We know how much we were buying
telephones.

“But gradually, as we scale up in generation, transmission
and distribution, these prices will also decrease. It’s a temporary hardship
leading to a permanent gain,” Adelabu said.