President Muhammadu Buhari 'Electricity tariffs must remain at its current levels'
Osinbajo stated this during the annual general
meeting of the Manufacturers Association of
Nigeria(MAN) where he represented President
Muhammadu Buhari..
“Now, the truth of the matter is that at this
point, if we want to have a cost-effective
tariff, the only way is to service that core
value chain and ensure we’re paying and
compensating the value chain--from
generation down to distribution--a cost
effective tariff.
“Power is, of course, crucial and as the
president said in his inaugural address...we
shouldn’t be rejoicing at 4000mw of power ,”
he said.
He reminded Nigerians that one of the key
promises of this government is the creation of
jobs and the only way to accomplish that is
through the manufacturing sector.
The foreign exchange control, the
diversification of the economy, the deliberate
and ongoing approach to stabilizing power
are some of the initial steps taken by this
administration that will ultimately lead to the
creation of jobs.
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