What do you believe is the single most important factor driving up the cost of living in Nigeria?

Industrialists, cottage industry owners, and leaders in Kalangala District are optimistic about the newly-revised power tariffs announced by the Electricity Regulatory Authority (ERA).

According to district leaders, the new tariffs on Buggala Island have been reduced by Shs275 for domestic consumers and Shs673.4 for commercial users, a move expected to boost the growth of cottage industries.

Mr Rajab Ssemakula, the Kalangala District LC5 chairperson, expressed excitement about the development, saying the district is now actively seeking land to establish an industrial park.

“Kalangala has lost several promising industrialists who relocated to the mainland, especially Masaka, due to inadequate power supply and high tariffs. We are relieved that the government has responded to our repeated calls,” he said on October 4.

Until September, domestic power consumers were paying Shs1,269.5 per KWh, while commercial consumers were charged Shs1,631.8 per KWh.

• Read More