..restares FG conmitment to improve electricity supply
By James Egbeola
Joseph Tegbe, Honourable Minister of Power; and Mahmuda Mamman, Permanent Secretary, Ministry of Power; during the Ministry of Power Stakeholders session on Friday, 31st July, 2026, in Lagos.
The Federal government has reinstated uts promise not to approve increase in electricuty tariff for niw.
Power Minister,Olasunkanmi Tegbe Friday reaffirmed the Federal Government
commitment to improving electricity for Nigerians, having put in place adequate measures to achieve positive results in line with its renewed hope agenda.
The Power Minister gave the assurance, at a stakeholders’
session in Lagos, which also included the media, on Friday, where he pointed out that the event marks the beginning of a new chapter of openness, accountability and collaboration.
He said resetting the sector does
not imply that nothing has been achieved; it means building decisively upon the unprecedented reforms already initiated by President Bola Ahmed Tinubu, GCFR, whilst addressing long-standing structural deficiencies that have prevented the
sector from reaching its full potential.
“Our objective is clear. To make
electricity more available, make the grid more reliable, make the market
financially sustainable and restore investor confidence. Ultimately, we want to ensure that electricity becomes a catalyst for national productivity rather than a constraint to economic growth,” Tegbe stated.
The Honourable Minister affirmed
that President Bola Ahmed Tinubu, GCFR, has demonstrated strong
political commitment to electricity sector reform since the liberalisation of the industry, as his administration understands an undeniable truth: No nation has ever industrialised without reliable electricity.
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According to him, there is no move
to increase tariff as reported in some media platforms, noting that through the Presidential Metering Initiative, Nigeria is moving decisively towards universal metering because consumers deserve transparency, fairness and confidence that they only pay for the electricity they actually consume.
“This administration has also prioritised investment in transmission infrastructure, expanded rural
electrification, strengthened institutional coordination across the electricity value chain, and continued to pursue reforms that encourage private capital while preserving the public interest,” the Minister noted.
Tegbe said the Power Ministry has
immediately commenced several significant interventions, including the
inauguration of the Power Force. This initiative brings together 5,000 Nigerian Youths for meter installation across the country. This is to close the metering gap and also develop a strong, skilled pool of young Nigerians in the electricity field (NAPTIN).
Other interventions include
significant progress in resolving the age-long challenges surrounding meter procurement, and encouraging improvements in electricity generation, as over the course of the last 2 weeks, the sector has consistently crossed the 5000MW mark.
The Minister further added, “Our
ambition is clear. Reliable electricity that powers our homes. Competitive
electricity that powers our industries. Sustainable electricity that attracts
investment. Inclusive electricity that reaches every Nigerian.”
