The Federal Government has said there is currently no plan to increase electricity tariffs, assuring electricity consumers that there is no immediate proposal for another tariff hike.
The Minister of Power, Joseph Tegbe, disclosed this during a media parley, where he addressed concerns surrounding electricity pricing and developments in the power sector.
Tegbe said the government is not considering an increase in electricity tariffs at this time, amid continued concerns from consumers over the cost of electricity and the impact of existing tariffs on households and businesses.
The minister also spoke on ongoing efforts to improve the stability and efficiency of the electricity supply system, stressing the need for sustainable reforms across the power sector.
The clarification comes against the backdrop of previous tariff adjustments and growing public concerns about the affordability of electricity for Nigerians.
The Federal Government’s position is expected to provide some relief to consumers who have been concerned about the possibility of another increase in electricity costs.
