The Manufacturers Association of Nigeria has reiterated its determination to push for a reduction in electricity tariffs while cautioning the Federal Government against politicising the planned Gross Domestic Product rebasing process.

MAN’s leadership, during its recent presidential media luncheon in Lagos, highlighted it will not stop advocating for a reduction in the electricity tariffs in 2025 as the high costs continue to pose a challenge to manufacturers.

President of MAN, Francis Meshioye, decried the 250 per cent increase in electricity tariffs that the association earlier petitioned, describing it as “not palatable and not logical.”

He emphasised the need for a more gradual approach to tariff adjustments, noting the detrimental impact of the hike on businesses.

https://punchng.com/man-seeks-lower-electricity-tariff-cautions-on-gdp-rebasing/