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No Plan To Increase Electricity Tariff, FG Insists

Joseph Tegbe said the federal government has no plan to raise tariffs, citing five mini-grid projects and a 17.74-megawatt-hour battery system.

  • On Thursday, October 15, 2026, Minister of Power Joseph Tegbe debunked claims that the Federal Government plans to increase electricity tariff, assuring Nigerians that reliable power supply remains the priority.
  • Tegbe provided this assurance during the groundbreaking ceremony for five interconnected mini-grid projects in Oyo State, aimed at improving electricity access across Ibadan North and Egbeda.
  • The new mini-grid projects feature a combined capacity of 17.7 megawatts and include a 17.74-megawatt-hour Battery Energy Storage System, or BESS, to stabilize power distribution.
  • Addressing the long-term strategy, the minister declared, "Our commitment is 24/7 power," while reiterating there is no plan to increase electricity tariff.
  • These initiatives serve communities across Akinyele, Ido, Egbeda, and Lagelu LGA, targeting neighborhoods including Bola, Jiboye, Molade-Adelubi, Ogo Oluwa, and Sooko-Elega for regional infrastructure expansion.
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empressivenaija.com broke the news on Thursday, October 15, 2026.
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