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Federal Government assures no immediate increase in electricity tariffs amid ongoing power sector reforms5,000 youths to support nationwide prepaid meter installation through the Presidential Metering InitiativeNigeria generates about 5,000MW of electricity, signalling progress in the reforms for reliable supply
Pascal Oparada is a journalist with Legit.ng, covering technology, energy, stocks, investment, and the economy for over a decade.
The Federal Government has ruled out any immediate increase in electricity tariffs, assuring Nigerians that improving electricity supply, ending estimated billing and expanding access to prepaid meters remain its top priorities.
The assurance comes amid widespread concerns that another round of tariff hikes could be introduced as part of ongoing reforms in Nigeria’s power sector.
FG says no immediate plan for electricity tariff hikes, sets 2027 date for power subsidy removal. Credit: NovatisSource: Getty Images
Speaking during a media roundtable on the reset of Nigeria’s electricity industry in Lagos on Friday, the Minister of Power, Joseph Tegbe,
