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๐Ÿ‡ณ๐Ÿ‡ฌ Nigeria /Energy & Infrastructure

No plan to hike electricity tariff, FG assures Nigerians

From The Punch · () English

Summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The Nigerian Federal Government has denied any plans to increase electricity tariffs for grid consumers.
  • Presidential Adviser Sadiq Wanka clarified that media reports misrepresented his earlier comments on investment opportunities.
  • The government remains committed to protecting vulnerable households with continued tariff support and subsidies for most consumers.

Nigeria's Federal Government has firmly denied any impending electricity tariff hikes for any category of grid consumers. Presidential Adviser on Power Infrastructure, Sadiq Wanka, issued a statement on Saturday to clarify media reports that had misrepresented his earlier remarks.

There is no planned tariff hike for any grid consumer across any service band. The government remains committed to protecting vulnerable households through continued tariff support.

โ€” Sadiq WankaWanka clarified the government's position on electricity tariffs.

Wanka stated that his comments, made during a presentation on investment opportunities in the power sector on July 22, 2026, were taken out of context. He emphasized that the government is committed to protecting vulnerable households through ongoing tariff support and subsidies.

The Special Adviserโ€™s comments were made during a presentationโ€ฆ where he addressed investment opportunities in the power sector and how the Federal Governmentโ€™s reform programme has opened new avenues for investors across the power value chain.

โ€” Sadiq WankaWanka explained the context of his earlier remarks that were reportedly misrepresented.

The government reaffirmed its adherence to the National Integrated Electricity Policy, finalized in December 2024 and approved in May 2025. This policy includes a gradual transition to cost-reflective tariffs, which has already been implemented for 'Band A' consumers. However, Wanka stressed that subsidies will continue for all other consumer bands.

In that context, he reaffirmed the tariff policy direction set out in the National Integrated Electricity Policyโ€ฆ a long-standing, publicly available policy of gradually transitioning to cost-reflective tariffs, already implemented for โ€˜Band Aโ€™ electricity consumers.

โ€” Sadiq WankaWanka elaborated on the existing policy regarding tariff adjustments.

To enhance transparency and efficiency, the government is exploring mechanisms like the Power Consumer Assistance Fund (PCAF), established by the Electricity Act 2023. This fund aims to deliver targeted subsidies directly to vulnerable consumers. The government also acknowledged the media's crucial role in policy communication and expressed its reliance on continued media support.

For all other consumer bands, he was clear that there is no plan to remove subsidies. Rather, the Government is exploring how to deliver value and support more efficiently.

โ€” Sadiq WankaWanka assured that subsidies would remain for most consumers.
DistantNews Editorial

Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.