The Federal Government has denied reports suggesting that it plans to increase electricity tariffs, insisting that there is no proposal to raise rates for any category of consumers connected to the national grid.
In a statement posted on X on Saturday, the Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, said his earlier remarks had been misinterpreted by sections of the media, leading to inaccurate reports.
“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,” Wanka stated.
Wanka explained that his remarks, delivered during a presentation at the Asharami Square 3.0 event in Lagos on July 22, 2026, focused on investment opportunities in the power sector and the government’s long-term reform agenda.
He reaffirmed the direction set out in the National Integrated Electricity Policy, which was finalised in December 2024 and approved by the Federal Executive Council in May 2025.
“In that context, he reaffirmed the tariff policy direction set out in the National Integrated Electricity Policy… a long-standing, publicly available policy of gradually transitioning to cost-reflective tariffs, already implemented for ‘Band A’ electricity consumers,” the statement added.
Wanka was emphatic that subsidies will remain for other consumer categories.
“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.
The special adviser highlighted the Power Consumer Assistance Fund (PCAF), enabled by the Electricity Act 2023, as a mechanism for delivering targeted subsidies directly to vulnerable consumers, through consumer electricity accounts or other identity-linked means, improving transparency and strengthening investor confidence,” the statement said.
The government also commended the role of the media in public communication.
“The administration of President Bola Tinubu recognises the vital role journalists play in policy communication… Government counts on the continued support of the media in this important national duty.”
