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FG can no longer bear electricity tariff shortfalls – Buhari

FG can no longer bear electricity tariff shortfalls – Buhari

Power
The President, Major General Muhammadu Buhari (retd.), has said the tariff shortfalls in the power sector being borne by the Federal Government are no longer sustainable. Buhari said this on Thursday at the inauguration of Eko Electricity Distribution Company’s Supervisory Control and Data Acquisition-Distribution Management System Centre in Lagos. He said the SCADA system would help EKEDC monitor and respond more quickly to faults and reduce outage durations, thereby improving the quality of service to customers. Represented by the Minister of Power, Mr Sale Mamman, the President said his regime remained committed to addressing the liquidity challenges that were adversely affecting the power sector’s viability. “We have noted with grave concern the increased fiscal burden on t...