There Will Be No Immediate Electricity Tariff Increase, Federal Government Insists

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There Will Be No Immediate Electricity Tariff Increase, Federal Government Insists

The Federal Government has reiterated that it has no immediate plans to
increase electricity tariffs, assuring Nigerians that its priority is to
improve service delivery, expand access to reliable electricity, and
accelerate universal metering across the country.

The Minister of Power, Joseph Olasunkanmi Tegbe, stated this while
speaking with some newsmen after commissioning a 3MW captive solar
hybrid power project at the University of Abuja, now known as Yakubu
Gowon University, describing service improvement and universal metering
as key priorities of the Ministry.

“There are no immediate plans to increase electricity tariffs. Our
goal is to build a commercially viable power sector while protecting
vulnerable consumers,” the Minister said.

The newly commissioned project is designed to provide stable and cleaner
electricity to the university community of approximately 58,726
students, significantly reducing the institution’s reliance on
diesel-powered generators.

Developed by the Rural Electrification Agency (REA) under Phase II of
the Energising Education Programme (EEP), the project comprises a 3.3MWp
solar array, 3MW AC output and a 2MWh battery storage system, supported
by dedicated grid supply outside solar generation hours.

The project also includes installing 388 solar-powered streetlights
across the campus, improving visibility and security while creating a
safer environment for students and staff to study and move around the
university after dark.

The Minister said the commissioning highlights the Federal
Government’s broader commitment to improving the quality and
reliability of electricity supply while pursuing reforms that will
strengthen the long-term sustainability of the power sector.

He explained that the administration is focused on addressing the
structural and financial challenges confronting the sector while
ensuring that improvements in electricity supply are matched by greater
efficiency and accountability across the value chain.

According to him, universal metering remains a major priority, as it
will promote more accurate billing, improve transparency and ensure that
electricity consumers are charged based on measured consumption.

Also read: https://brandspurng.com/2026/09/17/fg-to-launch-national-call-centre-for-electricity-complaints/

The Federal Government’s clarification comes amid renewed political
interpretation of the minister’s comment on possible subsidy removal
on electricity and concerns over a possible further tariff adjustment.
The Minister, however, stressed that tariff increases are not an
immediate consideration, with the government instead concentrating on
improving service delivery and strengthening consumer confidence.

While the administration continues to examine reforms to the electricity
subsidy framework as part of efforts to address the sector’s
longstanding financial challenges, the government has maintained that
such reforms must consider the needs of vulnerable consumers.

The Federal Government said its broader objective is to establish a
financially sustainable, investment-friendly electricity market capable
of supporting infrastructure development, improving generation and
distribution, and delivering more reliable power to households,
businesses, and public institutions.

For now, the government’s position is clear. There will be no
immediate electricity tariff increase, as efforts remain focused on
improving service delivery, expanding metering and building a more
sustainable power sector.

There Will Be No Immediate Electricity Tariff Increase, Federal Government Insists