The Minister of Power, Adebayo Adelabu, has said that private entities will need up to N750 to generate one kilowatt-hour of electricity because of the high cost of petrol.
Adelabu said power generation will cost N950 per kilowatt-hour for those using diesel-powered engines.
These, he argued, are more expensive than the N209/kWh being paid by Band A customers.
Speaking at a recent function in Lagos, the minister emphasised that though…
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