Increase in electricity tariff in Nigeria is inevitable. There have been several rumored news regarding electricity tariff increment in Nigeria, although some of the distribution companies have debunked the claims but we understand same companies have now introduced a cap on energy quantity an individual account can purchase.
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Power sector in Nigeria boosts of about 14,541MW maximum capacity. The hydro power stations contribute about 1,976 MW (13.5%), renewable energy source Solar contributes about 1,080MW to the national grid (7.42%) and Gas/Thermal plants contribute combined capacities of 11,485MW (78.98%).
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