- The power supply to many Nigerian homes have been temporarily interrupted
- Electricity distribution companies have disclosed the reason for the power outage
- It is uncertain when the power supply will be restored
Electricity distribution companies have disclosed that the national power grid has suffered another system collapse.
The grid collapse was confirmed by the companies on social media and in messages to their customers.
It assured electricity consumers that the power supply will be restored as soon as the grid is repaired by the Transmission Company of Nigeria (TCN).
Power outages in Nigeria are common and system collapse has occurred repeatedly in the past.
Meanwhile, the federal government has dismissed claims of a looming major hike in electricity tariffs in the country.
Daily Trust reported that the minister of power, Sale Mamman, who made this known, in a statement issued in Abuja, on Saturday, May 1, said there is no plan to significantly raise the tariff.
Legit.ng gathered the minister noted that instead of a significant hike in electricity tariff, Nigerians should expect an increase in efficiency of the power sector to reduce tariffs while managing headwinds from foreign exchange and inflation.
In other news, the Federal Government has been told to fix the refinery and cut oil imports before it can increase fuel price or align it with the international oil price. This comes as the government and the Nigerian Labour Congress (NLC) fail to agree on a price.
The NLC's Deputy President, Joe Ajaero, said that's the only reason the labour will agree on price increase, and there's no going back on the requirement no matter how long it will take to repair the refineries.
The international financial institution said one out of 10 Nigerians doesn't have access to electricity. This is as businesses within the country lose about $29 billion annually to the unstable electricity supply.
Source: Legit Nigeria