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Presidency Says No Plan to Raise Electricity Tariffs for Any Customer Class

The presidency has clarified that the federal government has no plans to raise electricity tariffs for any category of grid connected customers, describing reports suggesting otherwise as a misrepresentation.

In a statement, Special Adviser to President Bola Tinubu on Power Infrastructure, Sadiq Wanka, said there is no planned tariff increase across any service band and that government remains committed to protecting vulnerable households through continued tariff support. The clarification followed remarks Wanka made at an event in Lagos on July 22 discussing investment opportunities in Nigeria’s power sector.

The statement said Wanka reaffirmed the tariff direction contained in the National Integrated Electricity Policy, finalized in December 2024 and approved by the Federal Executive Council in May 2025, which envisions a gradual transition to cost reflective tariffs already implemented for Band A consumers, while stressing there are no plans to remove subsidies for other service bands. It said government is instead exploring more efficient ways of delivering support, highlighting the Power Consumer Assistance Fund, enabled by the Electricity Act 2023, as a mechanism for delivering targeted subsidies directly to vulnerable consumers through their electricity accounts, improving transparency in the process.

The presidency urged journalists and media organizations to continue providing accurate and contextual reporting on government reforms in the power sector, reiterating that there is no planned tariff hike for any grid consumer across any service band.

Akintunde Owolabi

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