Nigeria to halt electricity subsidies

Electrical power lines

High-tension electrical power lines are seen at the Azura-Edo Independent Power Plant (IPP) on the outskirt of Benin City in Edo state, Nigeria on June 13, 2018. PHOTO | REUTERS

Nigeria has announced plans to end subsidies on electricity in a significant policy shift aimed at addressing economic challenges.

Minister of Power Adebayo Adelabu on Wednesday told the media in the capital Abuja that the decision followed the poor electricity supply situation in the country due to numerous issues including outstanding subsidy debt, and the mounting pressure to reform the country's energy sector and improve fiscal sustainability.