The Federal Government has dismissed reports suggesting it plans to increase electricity tariffs, insisting that no hike has been approved for electricity consumers across all service bands outside Band A.
The Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, said media reports claiming the government was preparing to raise tariffs misrepresented comments he made at a public event in Lagos.
In a statement issued on Saturday, Wanka said the Federal Government remained committed to protecting vulnerable electricity consumers through continued subsidy support.
“There is no planned tariff hike for any grid consumer across any service band. Government remains committed to protecting vulnerable households through continued tariff support,” he said.
He explained that his remarks were made during the Asharami Square 3.0 event held in Lagos on July 22, where he addressed investment opportunities in Nigeria’s power sector and the ongoing reforms under the President Bola Tinubu administration.
According to him, he merely reiterated the Federal Government’s tariff policy as contained in the National Integrated Electricity Policy, which was finalised in December 2024 and approved by the Federal Executive Council in May 2025.
Wanka noted that the policy provides for a gradual transition to cost-reflective electricity tariffs, adding that the policy had already been implemented for Band A customers.
He stressed, however, that there was no plan to withdraw electricity subsidies for consumers in other service bands.
“For all other consumer bands, there is no plan to remove subsidies. Rather, government is exploring how to deliver value and support more efficiently,” the statement added.
The clarification comes amid public concern over reports suggesting that another round of electricity tariff increases was imminent, following previous adjustments affecting Band A customers.
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