Nigerian govt clears air on increasing electricity tarriffs in 2027

The Federal Government has denied that determination are plans to summation energy tariffs.

Minister of Power, Joseph Tegbe, stated this connected Monday astatine a media parley successful Abuja.

“Let maine categorically state, and this is not a governmental statement, we person nary program to summation energy tariffs,” Tegbe said.

Tegbe insisted that the President Bola Tinubu medication was keen connected improving energy proviso and strengthening the powerfulness sector, alternatively than imposing further costs connected consumers.

“When President Bola Ahmed Tinubu entrusted maine with the work of serving arsenic Minister of Power, I made 4 promises to Nigerians. I promised a disciplined attack to solving the sector’s problems. I promised to prosecute grid stableness done structured, strategical reforms. I promised disposable incremental improvements.

“Upon assuming office, the diagnosis we undertook astatine the onset revealed constraints astatine each conception of the energy worth chain. Gas proviso to powerfulness stations was constricted by damaged pipelines and commercialized presumption that discouraged investment.

“Our procreation fleet was heavy babelike on...