Government rules out tariff rise as power sector strains persist
Power Minister Joseph Tegbe says Nigeria’s electricity industry is facing difficulties throughout its value chain, affecting supply and increasing pressure on consumers. He ruled out an electricity tariff increase, saying the government’s priority is to improve the reliability of power available to Nigerians.
The Federal Government says Nigeria’s electricity sector is facing challenges across the entire value chain, with the difficulties affecting power supply and adding to the burden on consumers. Minister of Power Joseph Tegbe disclosed this on Monday. He said the constraints were not limited to one part of the industry, but extended across the sector’s value chain.
The minister’s comments came as the government addressed the continuing difficulties affecting electricity supply. The source material does not provide further details about the specific problems in generation, transmission or distribution. Tegbe ruled out an increase in electricity tariffs.
He said the government was instead focused on improving electricity supply. The minister did not provide a timeline for any improvement or outline specific measures being taken. The government’s stated position, according to the minister, is to concentrate on increasing supply without raising tariffs.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.