Electricity in the UK costs less than in Nigeria, says expert
Energy expert Nick Agule has highlighted that electricity is more expensive in Nigeria compared to the United Kingdom. Agule shared his views during a live interview on ARISE TV’s The Morning Show. He pointed out ongoing issues like frequent national grid collapses and questioned the government’s approach to electricity subsidies. The discussion also touched on the responsibilities of state and local governments in managing electricity markets.
What we know
- Nick Agule stated he pays more for electricity in Nigeria than for constant electricity in the UK.
- He criticized the government for addressing symptoms, such as accumulated debts, instead of root causes in the electricity sector.
- The Federal Government plans to share electricity subsidy costs with state and local governments starting in 2026.
- The 2022 Electricity Act gives states the responsibility to create and regulate their own electricity markets.
- Frequent national grid collapses have worsened electricity supply issues in Nigeria.
