FG prioritises power reforms, rules out tariff hike
The Federal Government has ruled out any increase in electricity tariffs, stating its focus is on improving supply and strengthening the power sector’s fou Read More: https://punchng.com/fg-prioritises-power-reforms-rules-out-tariff-hike/
The Federal Government has highlighted that the electricity sector is facing challenges at various stages, from gas supply to infrastructure, and ruling out any increase in electricity tariffs. Minister of Power Joseph Tegbe made this announcement during a media parley in Abuja, which marked his first 100 days in office. Tegbe emphasized that instead of imposing additional costs on consumers, the government is working towards improving electricity supply and strengthening the financial and physical foundations of the power sector.
He detailed the sector's issues, such as constrained gas supply, ageing equipment, deferred maintenance, stalled projects, and poor payment discipline by generation companies. Tegbe also mentioned that transmission infrastructure and distribution companies are experiencing technical and commercial losses due to vandalised towers, overstretched equipment, and frequent system tripping.
The government has taken steps to address these issues, including restoring the 375MW Alaoji open-cycle power plant, commissioning transformers, and installing 350,000 electricity meters, which took cumulative installations to 1,004,260 as of August 2026.
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