The Federal Government has ruled out any immediate increase in electricity tariffs, saying its priority is to improve power supply and address longstanding challenges within the sector.
Minister of Power, Joseph Tegbe, gave the assurance on Monday in Abuja while briefing journalists on his first 100 days in office.
Tegbe said there was no plan by the government to increase electricity tariffs, dismissing reports suggesting that consumers could soon face higher electricity bills.
He said the government was instead concentrating on stabilising the electricity market, improving infrastructure and addressing financial challenges affecting the sector.
“We have no plan to increase electricity tariffs. There is no immediate plan by this government to increase tariffs. It is not on our table; it is not on our agenda,” the minister said.
According to Tegbe, the power sector is facing challenges across the entire electricity value chain, including gas supply, generation, transmission, distribution, metering and market financing.
He said the government had raised an estimated ₦1.23 trillion as part of efforts to address the sector’s accumulated debt, which he put at about ₦3.3 trillion.
The minister also disclosed that electricity generation and transmission had remained above 5,000 megawatts in recent weeks, compared with between 3,700MW and 4,700MW before June.
Generation reportedly peaked at 5,330MW in August and September.
Tegbe said the government had also intensified efforts to tackle energy theft and revenue leakages, while improving billing, collection and metering across the sector.
He disclosed that approximately 350,000 meters were installed during his first 100 days in office, bringing cumulative meter installations to more than one million as of August 2026.
The minister acknowledged, however, that improved generation figures had not translated into reliable electricity supply for every community.
He said the government was working to ensure that the gains recorded in generation and transmission eventually translate into more dependable electricity for consumers.
Tegbe also highlighted ongoing interventions in transmission infrastructure, renewable energy and mini-grid projects as part of efforts to expand electricity access across the country.
He said the government would continue working to address the financial and physical challenges affecting the electricity value chain rather than placing additional tariff burdens on consumers.
