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Federal Government Denies Plans to Raise Electricity Tariffs

The Nigerian Government has insisted there are no plans at the moment to increase electricity tariffs for any category of grid consumers.

This was made known in an official statement issued on X on Saturday by the Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka.

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.

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