Nigeria Should Modulate the Removal of Electricity Subsidies for Industrial Customers

Tekedia | 13-06-2024 08:43am |

I support the government’s reflective pricing on electricity which has come by removing subsidies. But I argue that we can add one layer in the playbook: sustain the subsidies for industrial customers even as you remove them for commercial and residential customers. This makes sense since these manufacturers are losing competitive positioning on forex, diesel, [...]The post Nigeria Should Modulate the Removal of Electricity Subsidies for Industrial Customers appeared first on Tekedia.

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