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Fayose backs FG’s new electricity tariff collection model for universities, hospitals

Chairman of the Rural Electrification Agency, REA, and former governor of Ekiti State, Ayodele Fayose, has called on Nigerians to be committed to the costs aimed at transforming the country’s electricity supply industry. He made this remark at the unveiling of the Renewable Asset Management Company (RAMCO) in Abuja on Wednesday. According to him, if […] Fayose backs FG’s new electricity tariff…

Fayose backs FG’s new electricity tariff collection model for universities, hospitals

Former Ekiti State Governor and Rural Electrification Agency Chairman, Ayodele Fayose, has expressed his support for the Federal Government's new electricity tariff collection model for universities and hospitals. Fayose made the remarks at the unveiling of the Renewable Asset Management Company (RAMCO) in Abuja, describing it as a significant step towards transforming Nigeria's electricity supply industry.

He emphasized the importance of a shift in public attitude towards infrastructure ownership and maintenance, stating that such a change would ensure the longevity and effectiveness of public utilities. Meanwhile, the Managing Director of the REA, Abba Aliyu, highlighted RAMCO's potential to reduce Nigeria's reliance on government budgets and borrowing for expanding electricity access.

Brief written by urgent.news from Daily Post Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at dailypost.ng →

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