Again, FG speaks on increasing electricity tariff

The Federal Government has said it has no plans to increase electricity tariffs for consumers in any service band.

The Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, made the clarification after some media reports suggested that electricity tariffs would soon be increased.

In a statement shared on his X account on Saturday, Wanka said there is no planned tariff increase for any electricity consumer connected to the national grid.

He added that the government remains committed to protecting low income and vulnerable households through continued electricity subsidies.
Wanka explained that his earlier comments were made during a presentation at the Asharami Square 3.0 event held in Lagos on July 22.

He said the discussion focused on investment opportunities in Nigeria’s power sector and the reforms introduced by the Federal Government to attract investors.

According to him, he only restated the government’s existing policy contained in the National Integrated Electricity Policy, which was completed in December 2024 and approved by the Federal Executive Council in May 2025.

He explained that the policy supports a gradual move to cost reflective electricity tariffs. So far, this has only been implemented for Band A customers.
Wanka stressed that there are no plans to remove subsidies for consumers in other service bands. Instead, the government is looking at better ways to provide support while ensuring value for money.
He also highlighted the Power Consumer Assistance Fund (PCAF), introduced under the Electricity Act 2023.

The fund is designed to provide targeted subsidies directly to vulnerable electricity users through their electricity accounts or other verified identification methods. According to him, the system will improve transparency and encourage more investment in the power sector.

The presidential adviser also said the Tinubu administration values the role of journalists in helping Nigerians understand government policies.

He noted that initiatives such as the Asharami Square programme help improve journalists’ understanding of complex policy issues, making it easier to communicate them accurately to the public.

He added that the government looks forward to continued cooperation with the media in informing Nigerians about its policies.