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Nigeria's consumers upset at electricity rate hike

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Electric wires are pictured in Ojuelegba district in Nigeria's commercial capital of Lagos, June 18, 2018. [Reuters]

A sudden hike in electricity rates in Africa's most populous country, Nigeria, has sparked a backlash.

Until now, Jude Okafor has spent an average $25 on electricity to run a frozen fish and meat business that he started in 2021. But since last week, when the government announced a rate hike of nearly 300 percent for electricity, Okafor says running his business has been tough.

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