Nigeria’s Power Minister, Adebayo Tegbe, has announced there will be no immediate increase to electricity tariffs. This decision comes 50 days after his appointment as the head of the nation’s power sector. Tegbe also indicated that a comprehensive audit of the national grid is currently underway. Details of the grid audit’s findings were not immediately released. The minister’s statement aims to address public concerns regarding potential price hikes in electricity. This news offers a temporary reprieve for consumers facing economic hardship. Further updates on the grid audit and future tariff decisions are expected as the assessment progresses.

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