The Minister of Power, Mr. Joseph Tegbe, has assured Nigerians that the Federal Government has no plan to increase electricity tariff, despite ongoing reforms in the power sector.
Tegbe gave the assurance on Monday at an interactive session with Power Correspondents in Abuja to mark his 100-day in office.
Tegbe said, “Let me categorically state and this is not a political statement, we have no plan to increase electricity tariffs,” the minister declared.
He said the focus of the administration under President Bola Ahmed Tinubu is to stabilise the value chain, restore market discipline and strengthen governance in the sector, rather than burden consumers with higher charges.
Tegbe, who assumed office on June 8, said his first 100 days were devoted to diagnosis and stabilisation after revealing deep constraints across gas supply, generation, transmission and distribution.
According to him, the sector diagnosis revealed that only 27 per cent of GenCos bills were being paid, aggregate technical, commercial and collection losses of 30 to 40 per cent, over N100 billion owed by MDAs, vandalised transmission lines and thousands of containers of critical equipment stranded at the ports.
The minister listed modest gains recorded between June 8 and September 16 to include, restoration of the 375MW Alaoji open-cycle plant after three years offline.
“Upgrade of substations at Apapa, Ijora, Alausa and Lekki in Lagos unlocking 672MW, and a new 300MVA transformer at Katampe, Abuja unlocking 240MW.
“Rise in generation and transmission above 5,000MW in recent weeks, up from 3,700-4,700MW before June, with a peak of 5,330MW in August/September.
“Release of over 300 containers of TCN equipment from the ports.
“Six two solar and mini-grid installations across 30 states delivering 43.6MW and 41,735 new connections.
“350,000 meters installed in 100 days, cumulative 1,004,260 as at August 2026, and 90,000 meters in military formations.”
He also disclosed that an estimated N1.23 trillion has been raised towards settling the N3.3 trillion power sector debt backlog, and that revenue leakages of about N120 billion annually along the Ikorodu-Sagamu corridor have been blocked.
Tegbe said the next six months will focus on deepening grid stabilisation along Lagos, Enugu-Port Harcourt and Abuja-Kaduna-Kano corridors, development of the Transmission Super Grid, linking supply to productive clusters through bilateral deals, and preparing infrastructure for future demand including Mambilla hydro.
He added that the government is embracing the Electricity Act 2023 and working with states, while securing fresh investment commitments from Chinese firms including Sinomach, CMEC, CNEEC, TBEA, and a cooperation agreement with Huawei on grid digitalisation.
The minister appealed to Nigerians to support the reforms and help protect power infrastructure against vandalism and theft.
“Our commitments remain clear: a disciplined approach, grid stability through strategic reform, visible improvements in electricity supply, and honest communication,” he said.
