Electricity Tariff

Nigeria’s electricity subsidy bill could reach ₦2 trillion this year if the government maintains the current tariff structure, adding pressure to public finances as the power sector continues to struggle with rising costs and weak revenue collection.

February 27, (THEWILL) – The Federal Government has disclosed plans to restructure the current electricity tariff system to address wide inequalities between the bands, as well as the billing system. Minister of Power, Adebayo Adelabu, disclosed this on Thursday in...

February 02, (THEWILL) – Despite incessant grid failure and power outages across Nigeria, the Federal Government has announced plans to increase electricity tariffs as part of measures for a cost-reflective pricing model to attract investors into the power sector....

August 25, (THEWILL) – The fate of Nigeria’s electricity consumers under the estimated billing system is shrouded in uncertainties following the astronomical increase in the cost of electricity meter. Estimated customers refer to the system of arbitrary charging against unmetered...

April 15, (THEWILL) - Nigeria, is a nation, with a long history of perennial challenges to public power supply. The country seems to have unfortunately accepted the anomaly as part of its national life. Since one came of age,...

November 09, (THEWILL) - The Federal Government (FG) has said it is not ready to impose an additional burden on Nigerians for now by approving an increase in electricity tariff. Minister of Power, Adebayo Adelabu, disclosed this at an interactive...

August 22, (THEWILL) - On the 4th of August, President Tinubu kicked off the Gwagwalada Independent Power Plant, GIPP, to be fired by gas and which will provide about 11% of Nigeria's energy needs. The 1,350 megawatts plant, which is...

July 25, (THEWILL) - The Nigerian Senate has urged the Federal Government to halt the proposed hike in electricity tariff by Distribution Companies (Discos) in the country. While stressing the need to allow ordinary Nigerians to breathe, the lawmakers directed...

June 26, (THEWILL) - The Manufacturers Association of Nigeria (MAN) has condemned the planned 40% hike in Nigeria's electricity tariff by Distribution Companies (DisCos) effective July 1, 2023. MAN, in a statement signed by its Director General, Segun Ajayi-Kadir, warned...

June 26, (THEWILL) - Electricity Distribution Companies in Nigeria (DisCos) have alerted to a planned tariff increase from July 1, 2023. In statements sent to respective consumers on Sunday night, DisCos stated that the review was due to the fluctuation...