The Minister of Power, Adebayo Adelabu, has said he is optimistic about the reduction of electricity tariff. Adelabu disclosed this on Friday during the sectoral briefing by ministers in Abuja. Recall that on April 3, the Nigerian Electricity Regulatory Commission, NERC, announced a 240 per cent electricity tariff hike for band A customers who receive a 20-24 hour power supply. After the Nigeria Labour Congress and Trade Union Congress called for reversal, the Commission slashed the tariff by N18. Unsatisfied with the development, the Organised Labour threatened to go on strike. Meanwhile, Ade…