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Economy
In reply to the discussion: STOCK MARKET WATCH -- Monday, 13 February 2012 [View all]Demeter
(85,373 posts)20. Nigeria power rates to rise up to 88%
Electricity tariffs in Nigeria will increase by up to 88 per cent under reforms designed to revive the power sector and attract outside investors. But the move is likely to cause controversy, coming just a month after the removal of fuel subsidies, which caused petrol prices to more than double.
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http://link.ft.com/r/2SRI11/AMF8JT/VTVRG/L9U9LA/16DSFM/SN/t?a1=2012&a2=2&a3=13
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