The President Bola Tinubu’s led administration has hinted there is the possibility of raising electricity tariffs, but pointed out that it has no immediate plan.
The clarification comes after policy experts cautioned against the move, warning that any further increase in electricity tariff could compound the negative effects the fuel subsidy removal has on the economy.
Recall that the minister of Power, Mr. Joseph Tegbe, had in an interview disclosed that electricity subsidy was no longer sustainable, declaring that Nigerians must be prepared to pay more for improved and efficient supplies.
The planned increase which sparked outrage and public debate became one of the key considerations ahead of the 2027 presidential elections, with many accusing the Tinubu’s administration of being insensitive to the suffering of Nigerians.
In reaction, Tegbe said on Monday, that government has not reached a position, dismissing rumours of an impending tariffs hike.
Tegbe, who spoke in Abuja while presenting his scorecard for his first 100 days in office, said electricity generation and transmission had exceeded 5,000 megawatts (MW) in recent weeks, compared with between 3,700MW and 4,700MW before June 2026.
He disclosed that the sector recorded a generation peak of 5,330MW in August and September, following interventions to restore power infrastructure and improve the performance of existing assets.
The Minister, however, acknowledged that the improvements had yet to translate into reliable electricity supply for many Nigerians, saying the immediate task was to sustain the gains and extend them to more communities.
Speaking on his performance between June 8 and September 16, 2026, Tegbe said the administration had focused on stabilising the electricity value chain, restoring market discipline and strengthening governance.
He said: “Operational record reports show generation and transmission above 5,000MW over the past couple of weeks, compared to the 3,700 to 4,700MW range before June, and a generation peak of 5,330MW during August and September.
“Our next task is to sustain these gains and translate them into more dependable supply at customer level.”
The Minister said the 375MW Alaoji open-cycle power plant, which had been offline for three years, was restored to the national grid during the period.
He also disclosed that the commissioning of new transformers at Apapa, Ijora, Alausa and Lekki in Lagos had unlocked 672MW of transmission capacity.
