Stelco Managing Director Hussain Fahmy has praised President Dr. Mohamed Muizzu’s decision to reduce electricity tariff rates, describing it as a bold and historic move no previous government had attempted.
In a post on X (formerly Twitter), Fahmy said the people are now witnessing the true benefits of a government that is aligned with the concerns and needs of the public. He said President Muizzu had taken a step that others before him had not dared to take, by officially announcing a reduction in electricity prices.
Fahmy expressed his sincere appreciation and congratulations to the President for easing the long-standing financial strain caused by electricity costs and bringing tangible relief to the people.
President Muizzu, on Friday in a post on his official X account, announced that the revised electricity tariffs for the domestic category will take effect from June 1. The changes are expected to offer significant financial relief to households and businesses, with the President instructing authorities to ensure the implementation is managed in a sustainable manner.
In a post on X (formerly Twitter), Fahmy said the people are now witnessing the true benefits of a government that is aligned with the concerns and needs of the public. He said President Muizzu had taken a step that others before him had not dared to take, by officially announcing a reduction in electricity prices.
Fahmy expressed his sincere appreciation and congratulations to the President for easing the long-standing financial strain caused by electricity costs and bringing tangible relief to the people.
President Muizzu, on Friday in a post on his official X account, announced that the revised electricity tariffs for the domestic category will take effect from June 1. The changes are expected to offer significant financial relief to households and businesses, with the President instructing authorities to ensure the implementation is managed in a sustainable manner.
