The Federal Government has assured Nigerians that there are no plans to increase electricity tariffs, dismissing recent reports suggesting that consumers should expect a new hike in power costs.
The clarification was made by the Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, who said his earlier comments had been misunderstood and taken out of context.
In a statement shared on X on Saturday, Wanka stressed that the government is not considering a tariff increase for any category of electricity consumers connected to the national grid.
“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,” he said.
According to Wanka, the remarks that sparked the reports were made during a presentation at the Asharami Square 3.0 event in Lagos on July 22, 2026, where he discussed investment opportunities in Nigeria’s power sector and the government’s long-term electricity reforms.
He explained that his presentation highlighted the Federal Government’s efforts to attract investment across the electricity value chain, rather than announcing any immediate increase in tariffs.
The presidential aide also reaffirmed the government’s commitment to the National Integrated Electricity Policy, which was finalised in December 2024 and approved by the Federal Executive Council (FEC) in May 2025.
The policy supports a gradual transition to cost-reflective electricity tariffs, a system already being applied to Band A customers.
However, Wanka emphasised that consumers in other service bands will continue to benefit from government subsidies.
“For all other consumer bands, he was clear that there is no plan to remove subsidies. Rather, the Government is exploring how to deliver value and support more efficiently,” the statement noted.
He also highlighted the Power Consumer Assistance Fund (PCAF), established under the Electricity Act 2023, as a tool for providing targeted subsidies directly to vulnerable electricity consumers through their electricity accounts or other verified identity-linked platforms.
According to the government, the initiative is expected to improve transparency while boosting investor confidence in Nigeria’s power sector.
The statement concluded by acknowledging the important role of the media in informing the public and called for accurate reporting on government policies.
