Relief is on the way for tertiary institutions and teaching hospitals reeling under huge electricity bills.
President Bola Ahmed Tinubu has approved a 50 per cent subsidy for electricity used by these institutions.
To benefit are Federal universities, polytechnics and colleges of education.
The various teaching hospitals will also enjoy the subsidy regime.
Minister of State for Health, Dr. Tunji Alausa, broke the news yesterday in Kaduna.
“President Bola Ahmed Tinubu has magnanimously approved 50 per cent electricity subsidy to all public hospitals and universities, polytechnic and colleges of education,” he said.
Dr. Alausa said the Ministry of Power is already working out the subsidy payment modalities.
Tertiary institutions have been complaining about astronomical electricity bill increases.
The rise in power costs followed subsidy reduction in the sector.
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#YourViewTVC || Aug 30th, 2024
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