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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.