The Federal Government has announced plans to regularise electricity tariffs in an effort to correct disparities in the current billing system and encourage increased investment in the power sector.
Papers News reports that the Minister of Power, Adebayo Adelabu, disclosed this at the ongoing public presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan on Thursday in Abuja.
According to Adelabu, the slow pace of migration to Band A customers is largely due to the reluctance of electricity Distribution Companies (DisCos) to make necessary infrastructure investments.