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Buhari’s second term to prioritise power, transport infrastructure

...review electricity tariff, recapitalise DisCos...Oil subsidy stays as FG seeks to increase non-oil revenue

Federal Executive Council, FEC

Improving power distribution and transport infrastructure will be the key focus areas of the second term of President Muhammadu Buhari, BusinessDay has learnt through notes from high-level meetings with senior government officials, the Central Bank and the Debt Management Office. Consequently, the Federal Government has agreed to raise electricity tariffs to make them more cost-reflective….

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