- Nigerians are ready to pay for quality electricity, according to Osinbajo
- The vice president said Nigerians are not happy with the state of electricity in the country
- Osinabjo disclosed this after he was questioned by Sanusi
As Nigerians continue to groan over epileptic power supply, the vice president, Yemi Osinbajo, has declared that citizens of the country are willing to pay for electricity.
He said this is, however, dependant on the quality of services they receive from the distribution companies.
Osinbajo said if the services are constant and better, then people would gladly pay.
The vice president disclosed this when he featured in a webinar on Economic Sustainability Beyond COVID-19.
Going further, he said Nigerians had been unhappy with the poor service over the years.
Osinbajo said this in reaction to a question posed by the former Emir of Kano, Muhammad Sanusi II.
Meanwhile, Legit.ng had reported that the Chad Republic has pleaded for the federal government of Nigeria to supply it with electricity.
The Chadian ambassador to Nigeria, Abakar Saleh Chachaimi, asked for his country to be connected to Nigeria’s electricity grid.
The envoy made the request during a visit to the minister of power, Sale Mamman in Abuja.
He said connecting Chad to Nigeria’s electricity would further enhance the historical and economic collaborations between both countries.
In response, Nigeria’s minister of power, Mamman, said the request by the Chadian envoy would be evaluated for possible approval.
In another development, Mamman said the new increment on electricity tariff will take off in July. Mamman disclosed this on Tuesday, June 16, when he appeared before the Senate committee on power.
He said the government is going ahead with the plan because the impact of the COVID-19 pandemic had also affected its plans for the repositioning of the electricity market toward financial sustainability.
He revealed that the Nigerian Electricity Regulatory Commission (NERC) had initially planned to conduct a tariff review in April 2020.
He, however, said his ministry was proactively seeking strategies to identify projects that would require counterpart funding in the face of dwindling national revenue so as to deliver within the projected timelines.
He added that the power sector was also grappling with the challenge of infrastructural misalignment, market inefficiency, transparency, sector governance, policy coordination, increase energy access and completion of legacy projects.
Nigerian Electricity Crisis Explained | Legit TV