Government says no immediate plan to raise electricity tariffs
The Federal Government has stated that there will be no immediate increase in electricity tariffs. Joseph Tegbe, the Minister of Power, emphasized that the administration is focused on improving power supply and ensuring universal metering. He assured consumers that the priority is better service delivery and that efforts are being made to protect vulnerable groups. The government is also implementing reforms to reset and strengthen Nigeria’s power sector.
TLDR
- Joseph Tegbe confirmed there is no policy to raise electricity tariffs beyond current levels.
- The government’s main focus is on improving service, universal metering, and transparent billing.
- Initiatives like the Presidential Metering Initiative and Power Force aim to enhance metering and develop technical skills.
- Reforms include strengthening the national grid, settling legacy debts, and supporting state-level electricity markets.
- The government plans strategic investments and technical audits to further improve electricity supply and market sustainability.
