No Plan To Hike Electricity Tariff, FG Assures Nigerians
The Federal Government has dismissed reports of an impending electricity tariff increase, stating that there are no plans to hike tariffs for any category of grid consumers.
In an official statement issued on X on Saturday, the Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, said media reports had misrepresented comments he made earlier in the week.
“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,” Wanka stated.
Wanka explained that his remarks, delivered during a presentation at the Asharami Square 3.0 event in Lagos on July 22, 2026, focused on investment opportunities in the power sector and the government’s long-term reform agenda.
“The Special Adviser’s comments were made during a presentation where he addressed investment opportunities in the power sector and how the Federal Government’s reform programme has opened new avenues for investors across the power value chain,” the statement read.
He reaffirmed the direction set out in the National Integrated Electricity Policy, which was finalised in December 2024 and approved by the Federal Executive Council in May 2025.
“In that context, he reaffirmed the tariff policy direction set out in the National Integrated Electricity Policy… a long-standing, publicly available policy of gradually transitioning to cost-reflective tariffs, already implemented for ‘Band A’ electricity consumers,” the statement added.
Wanka was emphatic that subsidies will remain for other consumer categories.
“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,” the statement noted.
The special adviser highlighted the Power Consumer Assistance Fund (PCAF), enabled by the Electricity Act 2023, as a mechanism for delivering targeted subsidies directly to vulnerable consumers, through consumer electricity accounts or other identity-linked means, improving transparency and strengthening investor confidence,” the statement said.
The government also commended the role of the media in public communication.
“The administration of President Bola Tinubu recognises the vital role journalists play in policy communication… Government counts on the continued support of the media in this important national duty.”
