The Federal Government has firmly dismissed reports of an impending electricity tariff increase, assuring citizens that it plans no such adjustment.
Speaking at the groundbreaking ceremony for the 17.7-megawatt interconnected mini-grid project in Ibadan, Minister of Power, Mr Joseph Tegbe, clarified that the administration’s primary focus is transitioning the nation towards a reliable, round-the-clock power supply.
The Minister emphasised that, rather than hiking tariffs, the government is building a stable power infrastructure to deliver 24/7 electricity nationwide, starting with three designated industrial and residential energy corridors.
These initial hubs comprise the Lagos-Ogun corridor, the Abuja-Kaduna-Kano corridor, and the Benin-Enugu-Port Harcourt corridor, designed to serve as operational templates for expanded service delivery.
To scale this reliability nationwide, Tegbe noted that the national grid is undergoing extensive enhancements along both the eastern and western corridors, alongside vital generation and transmission nodes spanning from North to South.
Strategic locations earmarked for these infrastructural upgrades include Funtua, Kainji, Gwagwalada, Gombe, Makurdi, Ajaokuta, Ikot Ekpene, Benin, and Egbin, reinforcing the Renewed Hope Agenda’s commitment to equitable energy access.