No plan to increase electricity tariff – FG
Minister of Power, Mr Joseph Tegbe, has assured Nigerians that the Federal Government has no immediate plan to increase the electricity tariff. Tegbe gave the assurance in Abuja while briefing Power Correspondents on his 100 days in office. According to him, the focus of the administration of President Bola Tinubu is to stabilise the value […]
The Federal Government has no immediate plan to increase electricity tariffs, according to Minister of Power, Mr Joseph Tegbe. In his first 100 days in office, Tegbe has focused on stabilising the value chain, restoring market discipline and strengthening governance in the power sector. The power sector diagnosis revealed constraints at every segment, including limited gas supply, ageing thermal plants, and weak payment discipline.
Despite modest gains in generation and transmission, Tegbe stressed the importance of deepening grid stabilisation, developing the transmission super grid, and preparing for future demand. Nigerians are urged to support these reforms and protect power infrastructure against vandalism and theft.
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