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Prof. Wumi Iledare, Professor of Petroleum Economics and Policy Research, commented: "The new tariff may be based on an increase in the wellhead price for gas. We must agree, however, that N68 per KWhr is a substantially lower price ceiling than the current market clearing price. N68 is likewise not close to the fair return price of an economic good with a declining marginal and average cost curves.

Federal capital territoryAbuja federal capital territoryPort harcourtNigeria generalWumi iledareSegun ajayi kadirKunle olubiyoAdetayo adegbemleManufacturers association of nigeriaNigeria electricity regulation commissionProfessor of petroleum economicsNigerian electricity regulatory commissionNigeria consumer protection networkApril supplementaryAbuja electricity distributionIkeja electric