A The Federal Government has assured Nigerians that it has no immediate plans to increase electricity tariffs, saying its priority is to improve electricity supply, expand access to prepaid meters, eliminate estimated billing and strengthen the overall performance of the power sector.
Minister of Power, Joseph Tegbe, gave the assurance while outlining the administration’s agenda for the electricity sector, stating that there is currently no policy to raise tariffs beyond existing levels.
According to the minister, the government’s immediate focus is on ensuring that Nigerians experience tangible improvements in electricity service rather than introducing higher tariffs.
“There is no policy by this administration to increase electricity tariffs beyond its current level. Our priority is not tariff increase in the immediate term,” Tegbe said.
He explained that the Federal Government is concentrating on reforms that directly address the long-standing challenges confronting electricity consumers, particularly poor service delivery, inadequate metering and inaccurate billing.
“Our priority is service improvement, universal metering and ensuring Nigerians pay only for the electricity they actually consume,” the minister stated.
Tegbe noted that the expansion of universal metering remains a critical component of the government’s reform agenda, describing it as essential to eliminating estimated billing and restoring confidence in the electricity market.
He said ensuring that every electricity customer is accurately metered would promote transparency, improve accountability among distribution companies and guarantee that consumers are billed fairly for the energy they use.
The minister also reaffirmed the administration’s commitment to protecting vulnerable electricity consumers as reforms continue across the sector.
According to him, while the government is working to improve the financial viability of Nigeria’s electricity market, it remains mindful of the economic realities facing many households and businesses.
“Indeed, the Federal Government will continue to examine additional mechanisms for protecting vulnerable consumers whilst simultaneously improving the financial sustainability of the market,” he said.
Tegbe explained that achieving a financially sustainable electricity market is necessary to attract new investments, modernise infrastructure and improve power generation, transmission and distribution. However, he stressed that such efforts would be pursued alongside measures designed to cushion the impact of reforms on low-income consumers.
He said the administration’s strategy for transforming the power sector is driven by implementation rather than rhetoric, adding that the success of ongoing reforms would be measured by the practical benefits experienced by Nigerians.
“Resetting the sector is not about buzz words. It is about execution, discipline, coordination and measurable outcomes. We will measure our outcomes by improvements experienced in the daily lives of Nigerians,” he said.
The minister noted that the Federal Government is committed to building an electricity sector that delivers reliable power to homes, supports industrial growth, attracts private investment and expands access to underserved communities across the country.
According to him, improving electricity supply remains central to Nigeria’s economic development agenda, as stable and affordable power is critical to boosting productivity, creating jobs, supporting businesses and enhancing the quality of life for citizens.
“Our ambition is clear. Reliable electricity that powers our homes. Competitive electricity that powers our industries. Sustainable electricity that attracts investment. Inclusive electricity that reaches every Nigerian,” Tegbe said.
He added that the government’s reforms are intended to reposition the electricity sector on a more sustainable path by improving operational efficiency, strengthening coordination among key stakeholders and ensuring that investments translate into better service delivery.
The minister’s assurance comes amid public concerns over the possibility of another electricity tariff review following previous adjustments in the sector. His statement is expected to provide relief to consumers who have expressed worries about rising living costs and the impact of higher energy prices on households and businesses.
The Federal Government has consistently maintained that ongoing reforms in the power sector are aimed at improving efficiency, expanding access to electricity and creating a sustainable market capable of meeting Nigeria’s growing energy demands while ensuring consumers receive better value for the services they pay for.